
ConocoPhillips (COP) could raise its dividend per share at the end of April or early May. With a 10% hike, the stock's dividend yield could rise from 3.3% today to over 3.6%. That is well over its historical dividend yield average, making COP stock a favorite of value investors.
COP is trading at $94.32 today, well off its recent high point of $105.85 on January 17. Given its annual dividend per share (DPS) of $3.12, COP now has a dividend yield of 3.3%.