October 10, 2013 01:15 PM Eastern Daylight Time
Occidental Petroleum Announces Dividend
LOS ANGELES--(BUSINESS WIRE)--Occidental
Petroleum Corporation (NYSE:OXY) said today that its board of
directors has declared a regular quarterly dividend of $.64 per share on
common stock payable on January 15, 2014, to stockholders of record as
of December 10, 2013.
Oxy has paid quarterly dividends continuously since 1975 and has
increased its dividend each year since 2002. The current annual rate is
$2.56 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.