Occidental Petroleum Corp.’s board of directors declared a regular quarterly dividend of $0.22 per share on common stock, the company announced Feb. 8.
The dividend will be payable on April 15 to stockholders of record as of the close of business on March 8.
Annually, the dividend is $0.88 per share at the new rate, an increase of about 22% compared to the previous annual rate of $0.72 per share.
Recommended Reading
RBC: Minerals, E&P Stocks Wooing Back Generalist Investors
2024-04-16 - Public mineral and royalty companies have performed well in the markets, and investors are taking notice. But experts say mineral and royalties stocks still have a long way to go to compete for generalist investor capital.
Xerion CEO: Battery Industry Infrastructure Buildout Must be Holistic
2024-04-12 - John Busbee, CEO and co-founder of Xerion Advanced Battery Corp. tells Jordan Blum, Hart Energy’s editorial director, that the whole battery industry must advance at the same time in order to be successful.
Schneider Electric’s Heather Cykoski: Infused AI is Everywhere
2024-04-09 - Schneider Electric puts sensors in the technology it provides customers, creating the ability to gather data, predict operations and drive efficiency.
AI Copilot, Not Captain: Pragmatic Cybersecurity to Protect Grid
2024-04-01 - AI experts at CERAWeek by S&P Global issued a wake-up call for the energy sector, suggesting AI could help secure critical infrastructure in a hostile geopolitical landscape.