ConocoPhillips
COPEnergy · Stock · quarterly payer
Forward Yield
2.55%
Annual Dividend
$3.36
Payout Ratio
44%
5-Yr Growth
13.5%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of September 2026, ConocoPhillips (COP) yields 2.55% ($3.36 per share annually), with a blended fair-value estimate of $169.66 — +29% upside, so it screens as undervalued. Dividend safety grade: A (80/100). 4 years of dividend growth.
Is COP a good dividend stock?
YesConocoPhillips (COP) pays a quarterly dividend yielding 2.55% ($3.36/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (44%)
- Strong 13.5% 5-yr dividend growth
- 77% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 2.55%
- Payout Ratio
- 44%
- Annual Dividend
- $3.36
- 5-Yr Avg Growth
- 13.5%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.13
- Market Cap
- $158.4B
- P/E Ratio
- 17.5
- 5-Yr Total Return
- 77%
- 52-Week Range
- $85.57 – $141.62
- Dividend Safety
- A · 80/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
COP Price — Last 12 Months
Daily close
Price Return
1 Year
+48%
3 Years
+11%
5 Years
+77%
52-Week Range
$85.57 – $141.62
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is COP worth?
Undervaluedmedium confidenceOur blended fair-value estimate for ConocoPhillips is $169.66 per share, versus a market price of $131.83. That implies 29% of upside — a margin of safety of about 22%.
Fair Value
$169.66
Current Price
$131.83
Upside
+29%
Margin of Safety
22%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 6.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 6.2% stage-1 growth, 2.5% terminal growth, $7.55 EPS, $3.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
COP Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | — | $0.8400 | regular |
| May 11, 2026 | — | $0.8400 | regular |
| Feb 18, 2026 | — | $0.8400 | regular |
| Nov 17, 2025 | — | $0.8400 | regular |
| Aug 18, 2025 | — | $0.7800 | regular |
| May 19, 2025 | — | $0.7800 | regular |
| Feb 14, 2025 | — | $0.7800 | regular |
| Nov 8, 2024 | — | $0.7800 | regular |
| Aug 12, 2024 | — | $0.7800 | regular |
| May 10, 2024 | — | $0.7800 | regular |
| Feb 15, 2024 | — | $0.7800 | regular |
| Nov 13, 2023 | — | $0.5800 | regular |
| Sep 27, 2023 | — | $0.6000 | regular |
| Aug 15, 2023 | — | $0.5100 | regular |
Income Calculator
At $3.36 / yr per share
