Occidental Petroleum (OXY) Raises Quarterly Dividend 1.3% to $0.78; 3.7% Yield

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Occidental Petroleum Increases Dividend

July 12, 2018 1:15 PM EDT

HOUSTON, July 12, 2018 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE: OXY) said today that its Board of Directors has declared an increase of the companys regular quarterly dividend to $0.78 per share. On an annual basis, the dividend is $3.12 per share at the new rate, compared to the previous annual rate of $3.08 per share. 

The $0.78 per share quarterly dividend will be payable on... More