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Occidental Announces Dividend

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Occidental (OXY) has announced a regular quarterly dividend of $0.22 per share on common stock, payable to stockholders on July 15, 2024. The dividend will be distributed to stockholders of record as of June 10, 2024.

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News Market Reaction – OXY

-2.56%
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-2.56% News Effect

On the day this news was published, OXY declined 2.56%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on July 15, 2024, to stockholders of record as of the close of business on June 10, 2024.

About Occidental

Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas 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 management to advance a lower-carbon world. Visit oxy.com for more information.

Contacts

MediaInvestors
Eric Moses
713-497-2017
eric_moses@oxy.com
R. Jordan Tanner
713-552-8811
investors@oxy.com


FAQ

What dividend did Occidental announce?

Occidental announced a regular quarterly dividend of $0.22 per share on common stock.

When will the dividend be payable?

The dividend will be payable on July 15, 2024.

Who is eligible to receive the dividend?

Stockholders of Occidental as of the close of business on June 10, 2024, are eligible to receive the dividend.
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63.83B
718.01M
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
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