Cash Dividend On The Way From Occidental Petroleum
On 6/9/22, Occidental Petroleum will trade ex-dividend, for its quarterly dividend of $0.13, payable on 7/15/22. As a percentage of OXY’s recent stock price of $68.50, this dividend works out to approximately 0.19%.
Below is a dividend history chart for OXY, showing historical dividends prior to the most recent $0.13 declared by Occidental Petroleum:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OXY is likely to continue, and whether the current estimated yield of 0.76% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OXY shares, versus its 200 day moving average:
Looking at the chart above, OXY’s low point in its 52 week range is $21.62 per share, with $74.04 as the 52 week high point — that compares with a last trade of $68.57.
In Tuesday trading, Occidental Petroleum shares are currently off about 1.6% on the day.