Occidental Petroleum Announces Dividend

11.10.2012  |  Business Wire

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 January 15, 2013, to stockholders of record as
of December 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.

About Oxy

Occidental
Petroleum Corporation (OXY) 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
third-largest U.S. oil and gas company, based on equity market
capitalization as of June 30, 2012. 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.