On 10/27/21, ConocoPhillips will trade ex-dividend, for its quarterly dividend of $0.46, payable on 12/1/21. As a percentage of COP’s recent stock price of $76.87, this dividend works out to approximately 0.60%, so look for shares of ConocoPhillips to trade 0.60% lower — all else being equal — when COP shares open for trading on 10/27/21.
Below is a dividend history chart for COP, showing historical dividends prior to the most recent $0.46 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 2.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of COP shares, versus its 200 day moving average:
Looking at the chart above, COP’s low point in its 52 week range is $27.53 per share, with $77.13 as the 52 week high point — that compares with a last trade of $76.94.
In Monday trading, ConocoPhillips shares are currently up about 1.5% on the day.