Occidental Announces Dividend
May 29 2020 - 01:28PM
Occidental Petroleum Corporation (NYSE:OXY) said today that its
Board of Directors has declared a regular quarterly dividend of
$0.01 per share on common stock payable on July 15, 2020, to
stockholders of record as of June 15, 2020. This is an update to
the company’s previously announced dividend policy change from
March 10, 2020, which reduced the quarterly dividend to $0.11 per
share.
About Occidental
Occidental is an international energy company with operations in
the United States, Middle East, Latin America and Africa. We are
the largest onshore oil producer in the U.S., including in the
Permian Basin, and a leading offshore producer in the Gulf of
Mexico. Our midstream and marketing segment provides flow assurance
and maximizes the value of our oil and gas. Our chemical subsidiary
OxyChem manufactures the building blocks for life-enhancing
products. Our Oxy Low Carbon Ventures subsidiary is advancing
leading-edge technologies and business solutions that economically
grow our business while reducing emissions. We are committed to
using our global leadership in carbon dioxide management to advance
a lower-carbon world. Visit oxy.com for more information.
Contacts Media: Melissa E. Schoeb 713-366-5615
melissa_schoeb@oxy.com or Investors: Jeff
Alvarez713-215-7864jeff_alvarez@oxy.com
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