Occidental Petroleum Announces Dividend

13.10.2011  |  Business Wire

Occidental
Petroleum Corporation (NYSE:OXY) said today that its board of
directors has declared a regular quarterly dividend of $.46 per share on
common stock payable on January 15, 2012, to stockholders of record as
of December 9, 2011.

Oxy has paid quarterly dividends continuously since 1975 with a current
annual dividend rate of $1.84 per share.

About Oxy

Occidental
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.