American supermajor ConocoPhillips has ratified a decision to increase its quarterly dividend payments from 42 cents per share to 43 cents per share, according to a press release

The dividend is payable on December 1 to stockholders of record at the close of business on October 19.

ConocoPhillips has operations and activities in 16 countries, $63 billion of total assets, and approximately 9,700 employees.