I Am Long PSX And Have No Intention Of Selling Anytime Soon, But
The company sure did a lousy job of communicating the increased dividend payment. Dragged their feet for a very long time on the Ex-date, The stock of record date, and the payment date. Then after finally 'officially announcing' the payment date, they had to correct the stock of record date and although you can back calculate the X-date, it still isn't clearly communicated. Bottom line, someone in corporate communications needs a lesson in communications and an understanding on why the correct dates are important to the shareholders. In the meantime, It is a great company to own!! Good luck longs!
The company did a good job of announcing the 25% divi increase LAST OCTOBER!
If you do a little research you will discover that COP has a long history of posting their ex date in Oct. followed by posting the next ex in mid Feb. Many other companies do similiarly.
The fact that you are a "newguy" who is not familiar with this company is on you...not the company.
Have a nice Fat Tuesday and relax.
Their web page is clear and concise. Don't know what you want. I would rather have them lousy at communicating the way some people would like, than producing gasoline and chemicals. If they have to be good at something, it should be refining and chemical processing.