ConocoPhillips ( COP) Company Description: Integrated international energy company. Dividend Yield: 3.9% Stock Price Performance Year-to-Date/12 Months: -4% / -3% The pending split of ConocoPhillips (expected in the second quarter of 2012) into two companies (Phillips 66 being the second) will actually benefit current shareholders. ConocoPhillips plans to maintain its $2.64 per share dividend and pay a $0.80 dividend to Phillips 66 shareholders. Doing the math, for every two shares of COP owned, investors will get one share of Phillips 66, which equates to a total dividend of $3.04 per COP share ($2.64 COP dividend + $0.40 for half of the Phillips dividend). Based on current prices, that's a 4.3% yield, more than double the rate of the 10-year Treasury.