Occidental Announces Dividend
February 13 2020 - 1:00PM
Occidental Petroleum Corporation (NYSE:OXY) said today that its
Board of Directors has declared a regular quarterly dividend of
$0.79 per share on common stock payable on April 15, 2020, to
stockholders of record as of March 10, 2020.
Occidental has paid quarterly dividends continuously since 1975
and has increased its dividend each year since 2002. The current
annual rate is $3.16 per share.
About Occidental
Occidental is an international oil and gas exploration and
production company with operations in the United States, Middle
East and Latin America. We are the leading producer and largest
acreage holder in the Permian Basin. Occidental is advancing a
lower-carbon future with our subsidiary Oxy Low Carbon Ventures,
which promotes innovative technologies that drive cost efficiencies
and economically grow our business while reducing emissions.
Occidental’s Marketing and Midstream segment provides flow
assurance for our oil and gas segment, while maximizing the value
of our products. OxyChem, our chemical subsidiary, is among the top
three U.S. producers for the principal products it manufactures and
markets. Occidental posts or provides links to important
information on our website at oxy.com.
Contacts: Media: Melissa E. Schoeb 713-366-5615
melissa_schoeb@oxy.com or Investors: Jeff
Alvarez713-215-7864jeff_alvarez@oxy.com On the web: oxy.com
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