Occidental Petroleum (FRA:OPC) Dividend Payout Ratio: 1.61 (As of Mar. 2026) — 374% Above Median

What is Occidental Petroleum Dividend Payout Ratio?

Occidental Petroleum FRA:OPC -1.69% 58 Dividend Payout Ratio is 1.61 as of Mar. 2026, which is 374% above its 10-year median of 0.34. GuruFocus rates FRA:OPC with a GF Score™ of 58/100 and a GF Value™ of €40.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 436 Oil & Gas companies, Occidental Petroleum ranks worse than 59.86% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Occidental Petroleum's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.61.

The historical rank and industry rank for Occidental Petroleum's Dividend Payout Ratio or its related term are showing as below:

FRA:OPC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: 3.44
Current: 0.66

During the past 13 years, the highest Dividend Payout Ratio of Occidental Petroleum was 3.44. The lowest was 0.02. And the median was 0.34.

FRA:OPC's Dividend Payout Ratio is ranked worse than
59.86% of 436 companies
in the Oil & Gas industry
Industry Median: 0.5 vs FRA:OPC: 0.66

As of today (2026-06-30), the Dividend Yield % of Occidental Petroleum is 1.93%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Occidental Petroleum was 30.69%. The lowest was 0.07%. And the median was 2.23%.

Occidental Petroleum's Dividends per Share for the months ended in Mar. 2026 was €0.23.

During the past 12 months, Occidental Petroleum's average Dividends Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 34.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -18.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Occidental Petroleum was 180.20% per year. The lowest was -76.50% per year. And the median was 1.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Occidental Petroleum (FRA:OPC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Occidental Petroleum Dividend Payout Ratio Related Terms

Occidental Petroleum Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Occidental Petroleum's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

Occidental Petroleum Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.02

0.06

0.20

0.25

0.44

Occidental Petroleum Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.28	0.62	0.38	0.77	1.61

FRA:OPC vs FANG, DVN, EQT: Dividend Payout Ratio Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Occidental Petroleum's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's Dividend Payout Ratio falls into.

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58GF Score

Occidental Petroleum Corp FRA:OPC

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Occidental Petroleum Dividend Payout Ratio Calculation

Occidental Petroleum's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.82	/	1.887
	=	0.43

Occidental Petroleum's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.225	/	0.14
	=	1.61

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.61 mean?

Occidental Petroleum (FRA:OPC) has a Dividend Payout Ratio of 1.61 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Occidental Petroleum and its competitors. This is 374% above median its historical median of 0.34. Over the past decade, Occidental Petroleum's Dividend Payout Ratio has ranged from 0.02 to 3.44. According to the industry distribution chart, Occidental Petroleum ranks #261 out of 436 companies in the Oil & Gas industry, placing it in the top 59.9%.

Is Occidental Petroleum's Dividend Payout Ratio too high?

Occidental Petroleum's current Dividend Payout Ratio of 1.61 is 374% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 3.44. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Occidental Petroleum's value of 1.61 is 222% above this industry median. Based on the distribution chart, Occidental Petroleum ranks #261 out of 436 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Occidental Petroleum has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Occidental Petroleum's Dividend Payout Ratio compare to FANG and DVN?

According to the Oil & Gas industry distribution chart, Occidental Petroleum ranks #261 out of 436 companies for Dividend Payout Ratio. This places Occidental Petroleum in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Occidental Petroleum's value of 1.61 is 222% above this benchmark. Historically, Occidental Petroleum's own Dividend Payout Ratio has ranged from 0.02 to 3.44 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.50, Occidental Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Occidental Petroleum's current Dividend Payout Ratio of 1.61 is 222% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Occidental Petroleum and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Occidental Petroleum's current Dividend Payout Ratio is 1.61, which is 374% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Occidental Petroleum stock overvalued right now?

Based on GuruFocus' analysis, Occidental Petroleum (FRA:OPC) is currently considered Fairly Valued. The stock's GF Value™ is €40.35, compared to a current price of €43.80 — trading 8.6% above its estimated fair value. The current Dividend Payout Ratio is 1.61, which is 374% above median its 10-year median of 0.34 and 222% above the Oil & Gas industry median of 0.50. Occidental Petroleum's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Occidental Petroleum (FRA:OPC), the current Dividend Payout Ratio is 1.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Occidental Petroleum (FRA:OPC) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of €43.80 is trading 8.6% above its estimated GF Value™ of €40.35. GuruFocus considers Occidental Petroleum to be Fairly Valued.

Key valuation signals for FRA:OPC:

Dividend Payout Ratio: 1.61 (374% above median its 10-year median of 0.34)
GF Value™: €40.35 vs. price of €43.80 (8.6% above fair value)
GF Score™: 58/100 with 2 warning signs
Industry Position: 222% above the Oil & Gas median (#261 of 436)

No single metric tells the full story. See the FRA:OPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Occidental Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies FANG DVN EQT EOG TPL EXE PR OVV APA AR HKSE:00883 COP TSX:CNQ MIC:NVTK ASX:WDS TSE:1605 OSL:AKRBP TSX:TOU ASX:STO BKK:PTTEP

Other Exchanges OXY:USA OXY:Peru OXY1:Mexico OXY_KZ:Kazakhstan 1OXY:Italy OPCd:UK 0KAK:UK OPC:Germany OXY:Canada OXYP34:Brazil OXYP:Austria

Address 5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046

Website https://www.oxy.com

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 2025, the company reported net proved reserves of 4.6 billion barrels of oil equivalent. Net production averaged 1.4 million barrels of oil equivalent per day in 2025 at a ratio of roughly 74% oil and natural gas liquids and 26% natural gas.

58GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€43.80

Price

€40.35

GF Value

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