Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.54 per share on common stock payable on October 15, 2012, to stockholders of record as of September 10, 2012.
Oxy has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $2.16 per share.
Petroleum Corporation 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 the fourth-largest
U.S. oil and gas company, 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.
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