Occidental (OXY) Increases Quarterly Dividend 21% to $0.46; Yields 1.9%

February 10, 2011 1:12 PM EST Send to a Friend
Occidental Petroleum Corporation (NYSE: OXY) has declared a quarterly dividend of $0.46 per common share, $1.84 annualized. The dividend is a 21% increase from the current rate of $0.38.

The dividend will be payable on April 15, 2011, to stockholders of record as of March 10, 2011. The ex-dividend date is March 8, 2011.

Yield on the dividend is 1.9%.


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