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Occidental Petroleum (Occidental Petroleum) 5-Year Dividend Growth Rate

: -36.20% (As of Dec. 2023)
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Occidental Petroleum's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 12 months, Occidental Petroleum's average Dividends Per Share Growth Rate was 38.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -36.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -23.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Occidental Petroleum was 58.70% per year. The lowest was -76.50% per year. And the median was 5.70% per year.

Occidental Petroleum's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24. As of today, Occidental Petroleum's Dividend Yield % is 1.14%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Occidental Petroleum 5-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Occidental Petroleum's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's 5-Year Dividend Growth Rate falls into.



Occidental Petroleum 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Occidental Petroleum  (NYSE:OXY) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Occidental Petroleum's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.18/ 0.74
=0.24

During the past 13 years, the highest Dividend Payout Ratio of Occidental Petroleum was 4.23. The lowest was 0.02. And the median was 0.68.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Occidental Petroleum Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2202024-03-072024-03-082024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-12-072023-12-082024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-09-072023-09-082023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-06-082023-06-092023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Occidental Petroleum's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.76/67.00
=1.13 %

Current Share Price is $67.00.
Occidental Petroleum's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.76.

During the past 13 years, the highest Dividend Yield of Occidental Petroleum was 30.69%. The lowest was 0.07%. And the median was 3.74%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Occidental Petroleum 5-Year Dividend Growth Rate Related Terms

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Occidental Petroleum (Occidental Petroleum) Business Description

Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Executives
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Sylvia J Kerrigan officer: SVP & Chief Legal Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Claire Oneill director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Bob Shearer director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jack B Moore director 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew Gould director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Neil R Ackerman officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Sunil Mathew officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jeff F Simmons officer: Senior Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher O Champion officer: VP, CAO and Controller 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Vicki A. Hollub officer: Vice President 5 GREENWAY PLAZA, HOUSTON TX 77046
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131

Occidental Petroleum (Occidental Petroleum) Headlines