Dividend announced by ConocoPhillips

ConocoPhillips announced on Wednesday it had approved a dividend for stockholders.

The dividend of 30.5 cents per share will be payable June 3, 2019 to stockholders of record at the close of business on May 13, 2019.

ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $71 billion of total assets, and approximately 10,800 employees as of March 31, 2019.

Production excluding Libya averaged 1,318 MBOED for the three months ended March 31, 2019, and proved reserves were 5.3 BBOE as of Dec. 31, 2018.