I've owned some Conoco Phillips (COP) since some
2003. It is in a 'direct stock purchase plan' and
they insisted that I re-invest the dividends.
Up till this year they were regular as a clock in
paying out in March, June, September, and December.
So far this year they have paid out a dividend in
January, March, April, June, and now July.
The March and June dividends were some 10% bigger than
last years . . . January was about half, April was about
three-quarters of last years, and this last one is about
50% bigger than the June dividend.
In a way it is sweet, and in another it looks crazy.
Comments?
Zim.
Mad Poet Strikes Again.
| 