Occidental Petroleum Corporation (NYSE:OXY) will begin trading ex-dividend on December 9, 2020. The quarterly dividend payment of $ 0.01 per share is scheduled to be paid on January 15, 2021. The dividend yield based on the latest trading day closing price was 0.22 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 9, 2020.
Dividends History
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Occidental Petroleum Corporation recently reported second quarter financial results on August 10, 2020, after market close, the Houston based company revealed loss for the second quarter of $ 1.76 per share, from the revenue of $ 2,976.00 million. The consensus estimates are loss of $ 1.68 per share from $ 3876.44 million in revenue. The bottom line results missed street analysts by $ 0.08 or 4.76 percent, at the same time, top line results fell short of analysts by $ 900.44 million or 23.23 percent.
Stock Performance
Shares of Occidental Petroleum Corporation traded low $ -0.40 or -2.15 percent on Monday, reaching $ 18.19 with volume of 30.28 million shares. Occidental Petroleum Corporation has traded high as $ 18.68 and has cracked $ 17.55 on the downward trend
According to the previous trading day, closing price of $ 18.19, representing a 118.19 % increase from the 52 week low of $ 8.52 and a 60.93 % decrease over the 52 week high of $ 47.58.
The company has a market capital of $ 16.94 billion and is part of the Energy sector and Oil & Gas E&P industry.
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.
