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Sunday, May 3, 2009

Occidental Petroleum(OXY) boosts dividend 3% to O.33 per share

Occidental Petroleum Corporation (NYSE: OXY) announced today that its Board of Directors has increased the company's quarterly dividend from $0.32 per share to $0.33 per share for an annual rate of $1.32 per share, compared to the previous annual rate of $1.28 per share.

The dividend will be payable on July 15, 2009, to stockholders of record as of June 10, 2009. Current Yield is 2.19%.

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