does oxy stock pay dividends? OXY dividend guide

Occidental Petroleum (OXY) dividends

does oxy stock pay dividends — short answer: yes. The common stock of Occidental Petroleum Corporation (ticker OXY) has paid dividends to common shareholders in periods when the board authorizes regular or special distributions. This guide explains how Occidental approaches dividends, how to verify current declarations and yields, what affects sustainability, and how shareholders receive payments.

As of June 1, 2024, according to Oxy.com and Nasdaq dividend pages, Occidental had an active dividend policy with board-declared payments published via company press releases and the investor relations dividend history. Readers should verify the most recent per-share amounts, record/ex-dividend dates, and yields on the issuer's investor-relations page or reliable market data providers before making decisions.

Overview

Occidental Petroleum Corporation is a publicly traded integrated energy company listed on the New York Stock Exchange under the ticker OXY. The company engages in oil and gas exploration and production, midstream and chemical operations, and other energy-related activities. Over time, Occidental's dividend practice has reflected corporate cash flow, capital allocation priorities, and macro commodity-price cycles.

Historically, Occidental's dividend payments have changed: the company has paid regular dividends during many periods, suspended or reduced them during stress events, and declared special or reinstated dividends as its financial position evolved. Typically, when dividends are active, the company issues common-stock dividends on a quarterly cadence (subject to board approval).

Current dividend policy and recent declarations

The company does not guarantee a continual dividend; dividends are declared by the board of directors and can be revised at any time. Public statements, press releases and the investor relations dividend history page are the authoritative sources for the most recent declarations.

As of June 1, 2024, Occidental's investor-relations materials show that the company has declared common-stock dividends in accordance with board approvals; these declarations list the per-share amount, record date, ex-dividend date, and payable date. For the latest single-data-point facts such as an announced per-share payment and exact dates, consult the company's official dividend history and press release archives.

Important: declarations reflect the board’s current policy and liquidity stance and can include regular (quarterly) dividends or occasional special dividends depending on cash flow and strategic choices.

Dividend amount, frequency, and yield

When a dividend is declared, the company specifies a per-share amount (for example, $X.XX per share). Dividends commonly follow a quarterly schedule: a declaration will list the per-share dividend, the ex-dividend date (the first date the stock trades without the dividend entitlement), the record date (the date by which shareholders must be on the issuer’s register to receive the dividend), and the payable date (when cash is distributed).

Annualized dividend = (most recent regular per-share dividend) × (number of payments per year). For quarterly payments, multiply the most recent regular quarterly dividend by four to annualize.

Dividend yield is commonly reported as: annualized dividend / current share price. Because the share price moves intra-day, the reported yield at market-data services is a snapshot that changes with price movement. Yield is therefore not static and should be checked at the time of your decision-making.

Example (illustrative only): if Occidental declares a quarterly dividend of $0.25 per share and the current share price is $40, the annualized dividend would be $1.00 and the yield would be 1.00 / 40 = 2.5%. This is an example and not a statement of the company’s actual dividend level on a particular date.

Dividend history and timeline

Occidental's dividend history includes periods of regular quarterly dividends, dividend suspensions or cuts during low commodity-price environments or major corporate events, and occasional reinstatements or increases as cash flow improved. A comprehensive dividend timeline should list each declaration, ex-dividend date, record date, payable date and amount scheduled.

Key points to look for in the timeline:

• Periods when dividends were suspended or reduced — often linked to large capital projects, acquisitions, or depressed commodity prices.
• Reinstatements and special dividends — sometimes used when the company has excess cash or completes deleveraging goals.
• Regular increases — where the board raises the regular dividend as free cash flow and balance-sheet metrics improve.

If you add a historical payments table to a reference page, include date, amount, type (regular vs. special), and the primary source for each entry (company press release or filing).

Notable dividend changes

Occidental has experienced significant dividend-related events tied to corporate strategy and market cycles. Notable patterns include:

• Dividend suspensions or cuts tied to downturns in oil prices or large capital commitments.
• Dividend reinstatements following improved free cash flow and balance-sheet repair.
• Occasional special dividends or large one-off distributions when excess capital becomes available.

Each notable change is typically documented by a company press release and summarized on the investor relations dividend history page.

Dividend payout ratio and sustainability

The payout ratio is a measure of how much of a company’s earnings or cash flow are returned to shareholders through dividends. Common payout ratio variants include dividends / net income and dividends / free cash flow. For energy companies like Occidental, assessing dividend sustainability often relies more on free cash flow (FCF) coverage than on GAAP earnings, because commodity price volatility can swing reported earnings widely.

Factors to consider when assessing sustainability:

• Free cash flow generation: consistent positive FCF supports ongoing dividends.
• Debt levels and maturities: high leverage or near-term maturities may reduce the board’s willingness to pay or increase the odds of cuts.
• Commodity price sensitivity: oil and gas price declines reduce cash flow and can pressure payout decisions.
• Capital expenditure plans and M&A: large investments or acquisitions can consume cash that might otherwise fund dividends.

Analysts and data providers often report an implied payout ratio based on reported dividends and trailing earnings or FCF. Because these inputs change, payout-ratio estimates should be taken as indicative, not definitive.

How dividends are paid and received

When Occidental’s board declares a cash dividend, it sets the key dates: declaration date, ex-dividend date, record date and payable date. Mechanics for shareholders:

• Ex-dividend date: If you buy the stock on or after the ex-dividend date, you will not receive the upcoming dividend. To receive the dividend, you must own the shares before the ex-dividend date.
• Record date: the company’s list of shareholders eligible to receive the dividend; your broker must show you as the beneficial owner on or before this date.
• Payable date: when the dividend is distributed — typically by direct deposit or check via the transfer agent, or by credit to your brokerage account.

Many brokerages and custodians credit dividends directly to investor accounts on the payable date. Some companies offer dividend reinvestment plans (DRIPs) that allow shareholders to automatically reinvest cash dividends into additional shares, often via the transfer agent. Investors should consult the company’s investor-relations materials or the transfer agent for specifics on DRIP availability and enrollment procedures.

For questions about mechanics, shareholders can contact the company’s transfer agent or investor relations office. The company’s dividend history page typically names the transfer agent and provides administrative contact details.

Tax treatment and investor considerations

U.S. federal tax rules generally distinguish qualified dividends (eligible for lower long-term capital-gains tax rates when certain holding-period requirements are met) from ordinary (non-qualified) dividends. Whether a dividend is qualified depends on factors such as the payer, the type of stock, and how long the investor held the shares. Investors should consult tax guidance to determine if a specific dividend distribution qualifies as a "qualified dividend."

Non-U.S. investors may face withholding taxes on U.S.-source dividends. The actual withholding rate can depend on tax treaties between the U.S. and the investor’s country of residence and whether proper documentation (such as a completed W-8 form) is on file with the broker.

Important: tax rules change and individual tax situations differ. The information above is for general orientation and not tax advice. Consult a qualified tax advisor for personalized guidance.

Market reaction and investing implications

Dividend announcements can influence a company’s share price. Typical patterns include:

• Dividend increases or reinstatements may be interpreted positively as a signal of improved cash flow, sometimes supporting the share price.
• Dividend cuts or suspensions can be viewed negatively and may pressure the share price, though the board may cut dividends to preserve liquidity.
• Announcements alone do not determine long-term returns; operating performance, commodity prices and capital allocation decisions also matter.

For yield-seeking investors, evaluate dividends in the context of balance-sheet strength, free cash flow resilience to commodity swings, and management’s stated priorities (growth, debt repayment, buybacks, dividends). Comparing OXY’s yield and payout behavior with peers in the energy sector can provide context on relative attractiveness and risk.

Sources of dividend data

Primary and reliable sources for dividend information include:

• Issuer’s investor relations site and official press releases (the authoritative source for declaration details).
• Regulatory filings and investor presentations filed with U.S. regulators.
• Market-data providers and financial platforms that aggregate dividend histories and calculate yields (examples of common providers include Nasdaq, Morningstar, TipRanks, Koyfin, Dividend.com and related services — these provide convenient aggregations but should be cross-checked with the issuer’s official disclosures).

As of the date referenced earlier, Oxy.com’s dividend history page served as the primary source for historic declaration details and press-release links. Third-party aggregators often present dividends in tabular form and compute trailing yields and payout ratios; those analytics can differ depending on methodology and timing.

See also

• Occidental Petroleum corporate investor relations materials
• Dividend investing basics: ex-dividend date, record date, payable date
• Payout ratio and free cash flow analysis
• Energy sector dividends and yield comparison factors

References

Primary references used to assemble this guide include the issuer’s dividend history and press releases, market-data aggregators and dividend-history services. Key sources to consult for verification include:

• Oxy.com – Investor relations and Dividend History (company-declared amounts and press releases)
• Nasdaq – OXY dividend history and ex-dividend dates
• Morningstar, TipRanks, Koyfin, Dividend.com, StockAnalysis, WallStreetZen – dividend histories, dates, yields and payout-ratio commentary
• Company press releases (example: the release titled "Occidental Announces Dividend")

As of the reporting date cited at the top of this article, these pages provided the official and aggregate data points used to explain how Occidental’s dividends are issued and how to verify them. Readers should check the issuer’s investor relations site for the latest authoritative declarations.

Practical next steps for investors and shareholders

If your goal is to confirm whether a particular trade or holding will receive an upcoming dividend, do the following:

• Check the issuer’s most recent press release and dividend history for the declaration, ex-dividend date, record date and payable date.
• Consult your brokerage or custodial account statement to confirm settlement rules and whether you will be the beneficial owner of record by the required date.
• Confirm tax implications with your tax advisor, especially if you are a non-U.S. resident or qualify for treaty benefits.

For users of Bitget products and services: Bitget’s platform offers market access and tools to monitor listed equities and corporate events. Use Bitget’s market data features and alerts to track dividend declarations and ex-dividend dates, and Bitget Wallet for custody-related questions when applicable.

FAQ: quick answers

Q: does oxy stock pay dividends every quarter?
A: When the board has authorized a regular dividend program, payments are commonly quarterly. However, dividends are at the board’s discretion and can be changed or suspended.

Q: how can I find the most recent per-share dividend for OXY?
A: Check Occidental’s investor relations dividend history page and recent press releases; confirm ex-dividend and payable dates there as well.

Q: does the dividend yield shown by aggregators change?
A: Yes. Yield is a function of the annualized dividend and the current share price. Because share prices move intraday, reported yields are snapshots.

Reporting date and data verification

As stated earlier, this article uses an information cut dated June 1, 2024, and references company and market-data sources current to that date. For example:

• As of June 1, 2024, according to Oxy.com, the company publishes a dividend history and press releases detailing any declared distributions.
• As of June 1, 2024, Nasdaq’s dividend pages aggregate the announced ex-dividend and payable dates reported by the issuer.

Note: market capitalization and average daily trading volume are dynamic metrics that change with price and liquidity. For up-to-date market cap and trading volume, consult a market-data provider or your trading platform. Where applicable, Bitget can be used to view live market data and monitor corporate-event notices.

Editorial notes for maintainers

- Keep dividend amounts, ex-dividend dates and yield calculations current — these values change with board actions and market prices. - Distinguish between issuer-declared facts (press releases, filings) and third-party analytics (yield estimates, payout-ratio models). - When adding historical payment tables, include a source column linking to the press release or filing entry (or note the press release title and date for traceability).

Final guidance

does oxy stock pay dividends? Yes — Occidental has paid dividends in periods when the board authorized them, and when active the program typically follows a quarterly cadence. Because dividends are discretionary, confirm the most recent per-share payment, the ex-dividend and payable dates, and the yield using the company’s investor-relations materials and trusted market-data providers before acting.

To explore current market prices, dividend histories and corporate notices, use Bitget’s market tools and the issuer’s investor relations page for the authoritative record.

This article is informational and neutral in tone. It is not investment advice. Verify current figures with the company’s official disclosures and consult a qualified advisor for decisions tailored to your situation.