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Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Occidental Petroleum Dividend Announcement

Occidental Petroleum announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-10
Occidental Petroleum annual dividend for 2024 was $0.66
Occidental Petroleum annual dividend for 2023 was $0.72
Occidental Petroleum's trailing twelve-month (TTM) dividend yield is 2.48%
Occidental Petroleum's payout ratio for the trailing twelve months (TTM) is 29.74%
Occidental Petroleum's dividend growth over the last five years (2018-2023) was -25.32% year
Occidental Petroleum's dividend growth over the last ten years (2013-2023) was -11.91% year

Occidental Petroleum Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-10$0.22quarterly2024-10-15
2024-06-10$0.22quarterly2024-07-15
2024-03-07$0.22quarterly2024-04-15
2023-12-07$0.18quarterly2024-01-16
2023-09-07$0.18quarterly2023-10-13
2023-06-08$0.18quarterly2023-07-14
2023-03-09$0.18quarterly2023-04-17
2022-12-09$0.13quarterly2023-01-17
2022-09-09$0.13quarterly2022-10-17
2022-06-09$0.13quarterly2022-07-15
2022-03-09$0.13quarterly2022-04-15
2021-12-09$0.01quarterly2022-01-14
2021-09-09$0.01quarterly2021-10-15
2021-06-09$0.01quarterly2021-07-15
2021-03-09$0.01quarterly2021-04-15
2020-12-09$0.01quarterly2021-01-15
2020-09-14$0.01quarterly2020-10-15
2020-06-12$0.01quarterly2020-07-15
2020-03-09$0.79quarterly2020-04-15
2019-12-09$0.79quarterly2020-01-15
2019-09-09$0.79quarterly2019-10-15
2019-06-07$0.78quarterly2019-07-15
2019-03-08$0.78quarterly2019-04-15
2018-12-07$0.78quarterly2019-01-15
2018-09-07$0.78quarterly2018-10-15
2018-06-08$0.77quarterly2018-07-16
2018-03-08$0.77quarterly2018-04-16
2017-12-08$0.77quarterly2018-01-16
2017-09-08$0.77quarterly2017-10-16
2017-06-07$0.76quarterly2017-07-14
2017-03-08$0.76quarterly2017-04-14
2016-12-07$0.76quarterly2017-01-13
2016-09-07$0.76quarterly2016-10-14
2016-06-08$0.75quarterly2016-07-15
2016-03-08$0.75quarterly2016-03-24
2015-12-08$0.75quarterly2016-01-15
2015-09-08$0.75quarterly2015-10-15
2015-06-08$0.75quarterly2015-07-15
2015-03-06$0.72quarterly2015-04-15
2014-12-08$0.72quarterly2015-01-15
2014-09-08$0.72quarterly2014-10-15
2014-06-06$0.72quarterly2014-07-15
2014-03-06$0.72quarterly2014-04-15
2013-12-06$0.64quarterly2014-01-15
2013-09-06$0.64quarterly2013-10-15
2013-06-06$0.64quarterly2013-07-15
2013-03-06$0.64quarterly2013-04-15

Occidental Petroleum Dividend per year

Occidental Petroleum Dividend growth

Occidental Petroleum Dividend Yield

Occidental Petroleum current trailing twelve-month (TTM) dividend yield is 2.48%. Interested in purchasing Occidental Petroleum stock? Use our calculator to estimate your expected dividend yield:

Occidental Petroleum Financial Ratios

P/E ratio9.97
PEG ratio0.33
P/B ratio1.44
ROE15.10%
Payout ratio29.74%
Current ratio1.04
Quick ratio0.75
Cash Ratio0.19

Occidental Petroleum Dividend FAQ

How much is the next Occidental Petroleum dividend?
Occidental Petroleum's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Occidental Petroleum dividend. The next Occidental Petroleum dividend will be released in March, June, September, or December.
When is Occidental Petroleum dividend paid?
Occidental Petroleum pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Occidental Petroleum pay?
The specific amount of Occidental Petroleum dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Occidental Petroleum's dividend history.
Does Occidental Petroleum stock pay dividends?
Yes, Occidental Petroleum does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Occidental Petroleum's dividend history.
How much dividend does Occidental Petroleum pay?
Occidental Petroleum paid $0.66 in 2024, $0.72 in 2023, $0.52 in 2022, $0.04 in 2021, and $0.82 in 2020.
How often does Occidental Petroleum pay dividends?
Occidental Petroleum typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Occidental Petroleum's dividend yield?
The current dividend yield for Occidental Petroleum is 2.48%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Occidental Petroleum's exact dividend yield.
When does Occidental Petroleum go ex dividend?
Occidental Petroleum's ex-dividend date for the latest dividend was on 2024-09-10. Occidental Petroleum typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Occidental Petroleum dividend paid?
Occidental Petroleum pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Occidental Petroleum increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Occidental Petroleum will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Occidental Petroleum dividend per share?
Occidental Petroleum paid $0.66 per share in 2024 and $0.72 per share in 2023. The amount of dividend per share that Occidental Petroleum pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Occidental Petroleum a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Occidental Petroleum a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Occidental Petroleum a dividend stock?
Yes, Occidental Petroleum is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Occidental Petroleum a good dividend stock?
Whether Occidental Petroleum is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Occidental Petroleum has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Occidental Petroleum as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Occidental Petroleum pay dividends monthly?
Occidental Petroleum typically pays dividends on a quarterly basis.
Does Occidental Petroleum pay dividends quarterly?
Occidental Petroleum currently pays dividends on a quarterly basis.
Has Occidental Petroleum ever paid a dividend?
Yes, Occidental Petroleum has a history of paying dividends to its shareholders. Occidental Petroleum is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Occidental Petroleum dividend stocks?
To buy Occidental Petroleum you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Occidental Petroleum stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Occidental Petroleum pay dividends 2024?
Occidental Petroleum pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Occidental Petroleum increase its dividend in 2024?
Decisions regarding Occidental Petroleum dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Occidental Petroleum dividend overview you can look into the above table of dividend history.
How Occidental Petroleum dividend works?
The Occidental Petroleum dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Occidental Petroleum's dividend process works:

1. Determination of Dividend: Occidental Petroleum's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Occidental Petroleum publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Occidental Petroleum distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Occidental Petroleum are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Occidental Petroleum dividends paid?
Occidental Petroleum dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Occidental Petroleum sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Occidental Petroleum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Occidental Petroleum declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Occidental Petroleum pay dividends?
Occidental Petroleum typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Occidental Petroleum pay dividends?
The general pattern is that Occidental Petroleum pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Occidental Petroleum dividend safe?
The safety of Occidental Petroleum's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Occidental Petroleum's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Occidental Petroleum's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.