With a healthy yield of 3.31%, ConocoPhillips (COP) is one of the most well-oiled dividend growth machines on the market. Not only does it continue to generate strong cash flow, with a strong focus on rewarding shareholders with buybacks and dividends, but it’s also well-positioned for multi-year dividend compound annual growth. That’s according to Wells Fargo analyst Sam Margolin, who argues that ConocoPhillips’ cash flow and yield will improve thanks to multiple catalysts.
