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Occidental Announces Dividend

Occidental (NYSE:OXY) announced a quarterly dividend of $0.01 per share, set for January 15, 2021, to shareholders on record as of December 10, 2020.

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Rhea-AI Summary

Occidental (NYSE:OXY) announced a quarterly dividend of $0.01 per share, set for January 15, 2021, to shareholders on record as of December 10, 2020. This reflects the company's ongoing commitment to return capital to investors despite the current economic climate. Occidental continues to operate as a leading energy company with extensive activities in the U.S. and internationally, focusing on oil production and low carbon technologies.

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Positive

  • Declared a quarterly dividend of $0.01 per share.
  • Dividend payout reflects commitment to return capital to shareholders.

Negative

  • None.
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HOUSTON, Nov. 05, 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 January 15, 2021, to stockholders of record as of December 10, 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 
MediaInvestors
Melissa E. SchoebJeff Alvarez
713-366-5615713-215-7864
melissa_schoeb@oxy.comjeff_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 is the dividend payment date for OXY?

The dividend is payable on January 15, 2021.

What is the record date for Occidental's dividend?

The record date for the dividend is December 10, 2020.

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