Occidental Announces Dividend

Rhea-AI Summary

Occidental (NYSE: OXY) announced a quarterly dividend of $0.01 per share, payable on July 15, 2021, to stockholders on record as of June 10, 2021. The company, a major U.S. oil producer, operates in various regions including the Middle East and Africa. Occidental is committed to advancing a low-carbon world through its Oxy Low Carbon Ventures subsidiary, which focuses on innovative technologies to reduce emissions while growing the business. This dividend reflects the company’s ongoing efforts to provide returns to its shareholders.

Positive

• Declared a quarterly dividend of $0.01 per share, demonstrating commitment to returning value to shareholders.
• Engaged in advanced carbon management initiatives through Oxy Low Carbon Ventures, indicating a focus on sustainability.

Negative

• None.

HOUSTON, May 06, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on July 15, 2021, to stockholders of record as of June 10, 2021.

About Occidental

Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

Contacts
Media	Investors
Eric Moses	Jeff Alvarez
713-497-2017	713-215-7864
eric_moses@oxy.com	jeff_alvarez@oxy.com

FAQ

What is Occidental's dividend payment date?

Occidental's dividend payment date is July 15, 2021.

When is the record date for Occidental's dividend?

The record date for Occidental's dividend is June 10, 2021.

How much is Occidental's quarterly dividend?

Occidental's quarterly dividend is $0.01 per share.

What initiatives does Occidental have for carbon management?

Occidental is advancing carbon management through its Oxy Low Carbon Ventures subsidiary, which focuses on reducing emissions.