Analysts Think This Dividend Stock Is Headed for Big Payout Growth Ahead
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. More News from Barchart w ...