Hot off the press......................ConocoPhillips Announces Quarterly Dividend
HOUSTON--(BUSINESS WIRE)-- ConocoPhillips (NYSE:COP) today announced a quarterly dividend of 66 cents per share, payable June 1, 2012, to stockholders of record at the close of business on May 21, 2012.
Headquartered in Houston, Texas, ConocoPhillips has operations in almost 30 countries and more than 16,000 employees as of May 1, 2012. Production averaged 1.62 million BOE per day in 2011 and proved reserves were 8.4 billion BOE as of Dec. 31, 2011. For more information, go to www.conocophillips.com.
Only if you kept PSX stock. The PSX dividend is the increase for the old COP. The new COP will not increase until next Feb "X" dividend date and only as long as earnings are considered good enough to warrant an increase.