Occidental Petroleum (OXY) Raises Quarterly Dividend 1.3% to $0.77; 5.2% Yield

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Occidental Petroleum Increases Dividend

July 13, 2017 2:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- Occidental Petroleum Corporation (NYSE: OXY) said today that its Board of Directors has declared an increase of the companys regular quarterly dividend to $0.77 per share. On an annual basis, the dividend is $3.08 per share at the new rate, compared to the previous annual rate of $3.04 per share.

President and Chief Executive Officer Vicki Hollub said, Occidental has now... More