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OXY (Occidental Petroleum) Dividend Payout Ratio : 0.20 (As of Sep. 2024)


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What is Occidental Petroleum Dividend Payout Ratio?

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 Sep. 2024 was 0.20.

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

OXY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.68   Max: 24.75
Current: 0.25


During the past 13 years, the highest Dividend Payout Ratio of Occidental Petroleum was 24.75. The lowest was 0.02. And the median was 0.68.

OXY's Dividend Payout Ratio is ranked better than
80.89% of 450 companies
in the Oil & Gas industry
Industry Median: 0.52 vs OXY: 0.25

As of today (2024-12-13), the Dividend Yield % of Occidental Petroleum is 1.85%.

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 3.95%.

Occidental Petroleum's Dividends per Share for the months ended in Sep. 2024 was $0.22.

During the past 12 months, Occidental Petroleum's average Dividends Per Share Growth Rate was 25.40% 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.

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.

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 Dividend Payout Ratio Historical Data

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.

* Premium members only.

Occidental Petroleum Dividend Payout Ratio Chart

Occidental Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 - 0.02 0.06 0.20

Occidental Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.24 0.39 0.22 0.20

Competitive Comparison of Occidental Petroleum's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.



Occidental Petroleum Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.72/ 3.69
=0.20

Occidental Petroleum's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.22/ 1.09
=0.20

* 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 (NYSE:OXY) 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

Thank you for viewing the detailed overview of Occidental Petroleum's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% 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