ConocoPhillips (NYSE:COP – Get Free Report) declared a quarterly dividend on Thursday, August 6th. ConocoPhillips has increased its dividend payment by an average of 0.1%per year over the last three years. ConocoPhillips has a payout ratio of 47.7% meaning its dividend is sufficiently covered by earnings. Wall Street Analysts Forecast GrowthConocoPhillips ( NYSE:COP Get Free Report ) last announced its quarterly earnings results on Thursday, August 6th. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $134.16.