December 05, 2012 06:04 PM Eastern Time
Occidental Petroleum Changes Fourth Quarter
Dividend Payment Date
LOS ANGELES--(BUSINESS WIRE)--Occidental
Petroleum Corporation (NYSE:OXY) said today that its board of
directors has approved a change to the payment date for the company’s
regular quarterly dividend in the amount of $.54 per share on common
stock payable to stockholders of record as of December 10, 2012. The
dividend will now be payable on December 27, 2012, rather than the
previously announced payment date of January 15, 2013. No other changes
have been made to this previously declared quarterly dividend.
Oxy has paid quarterly dividends continuously since 1975 and has
increased its dividend each year since 2002. The current annual rate is
$2.16 per share.
Petroleum Corporation (OXY) is an international oil and gas
exploration and production company with operations in the United States,
Middle East/North Africa and Latin America regions. Oxy is one of the
largest U.S. oil and gas companies, based on equity market
capitalization. Oxy's wholly owned subsidiary OxyChem manufactures and
markets chlor-alkali products and vinyls. Oxy is committed to
safeguarding the environment, protecting the safety and health of
employees and neighboring communities and upholding high standards of
social responsibility in all of the company's worldwide operations.