Occidental
Petroleum Corporation (NYSE:OXY) said today that its Board of
Directors has declared a regular quarterly dividend of $.75 per share on
common stock payable on July 15, 2016, to stockholders of record as of
June 10, 2016.
Occidental has paid quarterly dividends continuously since 1975 and has
increased its dividend each year since 2002. The current annual rate is
$3.00 per share.
About Occidental Petroleum
Occidental
Petroleum Corporation is an international oil and gas exploration
and production company with operations in the United States, Middle East
region and Latin America. Headquartered in Houston, Occidental is one of
the largest U.S. oil and gas companies, based on equity market
capitalization. Occidental’s midstream and marketing segment gathers,
processes, transports, stores, purchases and markets hydrocarbons and
other commodities. The company’s wholly owned subsidiary OxyChem
manufactures and markets basic chemicals and vinyls.
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