News Column

Occidental Petroleum Announces Dividend

May 16, 2014

By a News Reporter-Staff News Editor at Energy Weekly News -- Second paragraph, second sentence of release should read: The current annual rate is $2.88 per share. (instead of The current annual rate is $2.56 per share.).

The corrected release reads: OCCIDENTAL PETROLEUM ANNOUNCES DIVIDEND Occidental Petroleum Corporation (NYSE:OXY) said that its board of directors has declared a regular quarterly dividend of $.72 per share on common stock payable on July 15, 2014, to stockholders of record as of June 10, 2014.

Oxy has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $2.88 per share. About Oxy Occidental 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.

Keywords for this news article include: Energy, Oil & Gas, Oil And Gas, Occidental Petroleum Corporation.

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Source: Energy Weekly News