Occidental Announces Dividend

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Occidental Petroleum (OXY) Lowers Quarterly Dividend 90.9% to $0.01; 0.3% Yield

May 29, 2020 1:29 PM EDT

Occidental Petroleum (NYSE: OXY) declared a quarterly dividend of $0.01 per share, or $0.04 annualized. This is a 90.9% decrease from the prior dividend of $0.11. Prior to that, the dividend was $0.79 per share.

The dividend will be payable on July 15, 2020, to stockholders of record on June 15,... More