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AlwaysFree: Occidental Increases Dividend

Author: SSESSMENTS

According to the company’s website press release on February 27, 2023, Occidental (NYSE: OXY) announced today that its Board of Directors has declared a regular quarterly dividend of $0.18 per share on common stock, payable on April 17, 2023, to stockholders of record as of the close of business on March 10, 2023. On an annual basis, the dividend is $0.72 per share at the new rate, compared to the previous annual rate of $0.52 per share. 

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 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

Media 

Eric Moses 713-497-2017 eric_moses@oxy.com 

Investors

Neil Backhouse 713-552-8811 investors@oxy.com 

Tags: All Products,AlwaysFree,Americas,English,US

Published on March 14, 2023 5:15 PM (GMT+8)
Last Updated on March 14, 2023 5:15 PM (GMT+8)