U.S. oil producer ConocoPhillips raises quarterly dividend

Tue Jan 31, 2017 3:35pm EST
 
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(Reuters) - ConocoPhillips (COP.N: Quote), the largest U.S. independent oil producer, raised its quarterly dividend by 6 percent to 26.5 cents per share.

The Houston, Texas-based company had announced a quarterly dividend of 25 cents per share in October.

(Reporting by John Benny in Bengaluru; Editing by Savio D'Souza)

 
Conocophillips CEO Ryan Lance speaks during an interview with Maria Bartiromo, for her Fox Business Network show "Opening Bell with Maria Bartiromo" in New York April 8, 2015. REUTERS/Brendan McDermid