Occidental Petroleum (OXY) Raises Quarterly Dividend 1.3% to $0.76; 3.9% Yield

Go back to Occidental Petroleum (OXY) Raises Quarterly Dividend 1.3% to $0.76; 3.9% Yield

Occidental Petroleum Announces Dividend

July 14, 2016 12:51 PM EDT

HOUSTON--(BUSINESS WIRE)-- Occidental Petroleum Corporation (NYSE: OXY) announced today that its Board of Directors has authorized an increase of the companys dividend to an annual rate of $3.04 per share, from the previous annual rate of $3.00 per share.

President and Chief Executive Officer Vicki A. Hollub said, Occidental has now increased its dividend every year for 14 consecutive... More