HOUSTON (AP) -- ConocoPhillips said Thursday that its board boosted the oil and gas company's quarterly dividend by 4.5 percent to 69 cents.
The dividend will be paid on Sept. 3 to shareholders of record as of July 22.
ConocoPhillips said the increase is part of its plan to boost value for shareholders through a strong portfolio, focused capital investments, better returns on capital and a strong dividend.
Its shares rose 56 cents to $64.09 in morning trading.
- Investment & Company Information