U.S. oil producer ConocoPhillips raises quarterly dividend

Markets Reuters

Conocophillips CEO Ryan Lance speaks during an interview with Maria Bartiromo, for her Fox Business Network show "Opening Bell with Maria Bartiromo" in New York April 8, 2015. REUTERS/Brendan McDermid (Copyright Reuters 2017)

ConocoPhillips , the largest U.S. independent oil producer, raised its quarterly dividend by 6 percent to 26.5 cents per share.

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The Houston, Texas-based company had announced a quarterly dividend of 25 cents per share in October.

(Reporting by John Benny in Bengaluru; Editing by Savio D'Souza)