Occidental Announces Dividend

Occidental (NYSE: OXY) has announced a quarterly dividend of $0.01 per share, payable on October 15, 2020, to stockholders of record as of September 15, 2020.

Rhea-AI Summary

Occidental (NYSE: OXY) has announced a quarterly dividend of $0.01 per share, payable on October 15, 2020, to stockholders of record as of September 15, 2020. This decision reflects the company's ongoing commitment to returning value to shareholders despite the challenging economic landscape.

As one of the largest oil producers in the U.S., Occidental operates in various regions, including the Permian and DJ basins and offshore Gulf of Mexico. The company is also engaged in developing technologies for a lower-carbon world.

Positive

• Quarterly dividend of $0.01 per share demonstrates commitment to shareholders.
• Diverse operations across U.S. and international markets strengthen financial resilience.

Negative

• None.

Argus Session date unavailable

-2.70% session move Open Argus

Details

News Market Reaction – OXY

The recorded move for OXY in the trading session of this news was -2.70%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

HOUSTON, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Occidental (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 October 15, 2020, to stockholders of record as of September 15, 2020.

About Occidental

Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore 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	Investors
Melissa E. Schoeb	Jeff Alvarez
713-366-5615	713-215-7864
melissa_schoeb@oxy.com	jeff_alvarez@oxy.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Occidental (OXY)?

Occidental has declared a quarterly dividend of $0.01 per share.

When will Occidental's dividend be paid?

The dividend will be paid on October 15, 2020.

What is the record date for Occidental's dividend?

The record date for the dividend is September 15, 2020.

How does Occidental's dividend impact shareholders?

The dividend reflects Occidental's commitment to return value to shareholders, even amid economic challenges.