Occidental Announces Dividend
Rhea-AI Summary
Occidental (NYSE: OXY) announced that its Board declared a regular quarterly dividend of $0.26 per share on common stock. The dividend is payable on July 15, 2026 to holders of record at the close of business on June 10, 2026.
Positive
- Dividend declared: $0.26 per share regular quarterly dividend
- Clear timetable: Record date set for June 10, 2026 and payment on July 15, 2026
Negative
- Cash outflow: Company will pay cash to shareholders on July 15, 2026
News Market Reaction – OXY
On the day this news was published, OXY declined 0.30%, reflecting a mild negative market reaction. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $173M from the company's valuation, bringing the market cap to $57.59B at that time.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, April 30, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of
About Occidental
Occidental is an international energy company that produces, markets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Occidental primarily operates in the United States, the Middle East and North Africa. To learn more, visit oxy.com.
Contacts
| Media | Investors | |
| Eric Moses 713-497-2017 eric_moses@oxy.com | Babatunde A. Cole 713-552-8811 investors@oxy.com |