13 Best Fortune 500 Dividend Stocks to Invest In

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9. ConocoPhillips (NYSE:COP)

% Dividend Yield: 3.30%

ConocoPhillips (NYSE:COP) ranks among our list of 13 best Fortune 500 dividend stocks to invest in. The company announces the sale of its Anadarko Basin assets for $1.3 billion following a drop in its Adjusted EPS and oil prices.

ConocoPhillips (NYSE:COP) reported its Q2 2025 results on August 7, 2025, which highlighted an operational performance despite a decline in earnings from the previous year. The Adjusted EPS of $1.42 was below the $1.98 per share from Q2 2024. However, the company’s Q2 2025 benefited from higher production volumes, which were only offset by a decrease in realized prices for oil equivalent barrels.

On August 7, 2025, the company announced its decision to sell the Anadarko Basin assets for $1.3 billion. The sales decision follows the acquisition of Marathon Oil, and with this, the company aims to reduce debt and focus on higher-margin basins. The divestiture will be completed in the fourth quarter, and the sale will help in raising the targeted $2 billion ahead of schedule.

ConocoPhillips (NYSE:COP)’s dividend yield of 3.30% is supported by a payout ratio of 41.82%, reflecting the company’s potential to meet the dividend obligations using its earnings alone.

One of the world’s largest players in its field, ConocoPhillips (NYSE:COP) is an independent exploration and production (E&P) company. Based in Texas, the company was formed in 2002 from the merger of Conoco Inc. and Phillips Petroleum Company.

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