According to DividendChannel.com, on 7/21/11, ConocoPhillips (COP) will trade ex-dividend, for its quarterly dividend of $0.66, payable on 9/1/11. As a percentage of COP's recent stock price of $76.31, this dividend works out to approximately 0.86%.
Below is a dividend history chart for COP, showing historical dividends prior to the most recent $0.66 declared by ConocoPhillips:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from COP is likely to continue, and whether the current estimated yield of 3.46% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, COP makes up 6.47% of the Active Mega Cap Fund ETF (PMA) which is trading relatively unchanged on the day Tuesday.
COP operates in the Oil & Gas Refining & Marketing sector, among companies like NuStar Energy L.P. (NS) which is up about 1.1% today, and Sunoco, Inc. (SUN) trading up by about 1.6%. Below is a three month price history chart comparing the stock performance of COP, versus NS and SUN.
In Tuesday trading, ConocoPhillips shares are currently up about 1.1% on the day.