ConocoPhillips (COP) Lowers Quarterly Dividend 66.2% to $0.25; 2.6% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
UBS Cuts Price Target as ConocoPhillips (COP) Cuts Dividends and Guidance
February 5, 2016 10:00 AM ESTUBS maintained a Neutral rating on ConocoPhillips (NYSE: COP), and cut the price target to $38.00 (from $42.00), following the company's 4Q earnings report. COP cut its quarterly dividend from $0.74/sh to $0.25/sh, implying a dividend yield of ~2.8% (vs. ~7.9% prior). COP also further reduced its 2016... More
ConocoPhillips (COP) Misses Q4 EPS by 25c; Slashes Dividend 66%
February 4, 2016 7:04 AM ESTConocoPhillips (NYSE: COP) reported Q4 EPS of ($0.90), $0.25 worse than the analyst estimate of ($0.65).
The company announced that its board of directors approved a reduction in the companys quarterly dividend to 25 cents per share, compared with the previous quarterly dividend of 74 cents per share. The dividend is payable on March 1, 2016 to... More
