Occidental Petroleum Increases Dividend

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Occidental Petroleum (OXY) Raises Quarterly Dividend 4.2% to $0.75; 3.8% Yield

May 5, 2015 5:52 PM EDT

Occidental Petroleum (NYSE: OXY) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is a 4.2% increase from the prior dividend of $0.72.

The dividend will be payable on July 15, 2015, to stockholders of record on June 10, 2015, with an ex-dividend date of June 8,... More

Occidental Petroleum (OXY) Approves CEO Succession Plan; Vicki Hollub Will Assume Role

May 5, 2015 4:37 PM EDT

Occidental Petroleum (NYSE: OXY) announced that its board of directors has approved a CEO succession plan and promoted Vicki A. Hollub to Senior Executive Vice President of Occidental and President Oxy Oil and Gas, responsible for operations in the United States, Middle East region and Latin America. The board plans for Ms. Hollub, who has served as Executive Vice President of Occidental and President, Oxy Oil and Gas Americas, since... More