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Occidental Petroleum (MIL:1OXY) Dividend Yield % : 1.79% (As of Dec. 14, 2024)


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What is Occidental Petroleum Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Occidental Petroleum is 1.79%.

Good Sign:

Occidental Petroleum Corp stock dividend yield is close to 3-year high.

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

MIL:1OXY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.07   Med: 3.95   Max: 30.69
Current: 1.79

During the past 13 years, the highest Dividend Yield of Occidental Petroleum was 30.69%. The lowest was 0.07%. And the median was 3.95%.

MIL:1OXY's Dividend Yield % is ranked worse than
84% of 500 companies
in the Oil & Gas industry
Industry Median: 4.43 vs MIL:1OXY: 1.79

Occidental Petroleum's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.20.

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.

As of today (2024-12-14), the Forward Dividend Yield % of Occidental Petroleum is 1.82%.

Occidental Petroleum's Dividends per Share for the three months ended in Sep. 2024 was €0.20.

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 Yield % Historical Data

The historical data trend for Occidental Petroleum's Dividend Yield % 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 Yield % Chart

Occidental Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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 Yield % 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 - - 0.34 0.69 1.34

Competitive Comparison of Occidental Petroleum's Dividend Yield %

For the Oil & Gas E&P subindustry, Occidental Petroleum's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Occidental Petroleum's Dividend Yield % falls into.



Occidental Petroleum Dividend Yield % Calculation

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 0.2200002024-12-102024-12-102025-01-15Cash DividendquarterlyUSD:EUR 0.942000
USD 0.2200002024-09-102024-09-102024-10-15Cash DividendquarterlyUSD:EUR 0.901000
USD 0.2200002024-06-102024-06-102024-07-15Cash DividendquarterlyUSD:EUR 0.929000
USD 0.2200002024-03-072024-03-082024-04-15Cash DividendquarterlyUSD:EUR 0.920000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.81224/45.34
=1.79 %

Current Share Price is €45.34.
Occidental Petroleum's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.81224.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.82896/45.34
=1.83 %

Current Share Price is €45.34.
Occidental Petroleum's Dividends per Share for the forward twelve months is calculated as €0.20724 * 4 = €0.82896.

* 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  (MIL:1OXY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Occidental Petroleum Dividend Yield % Related Terms

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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.

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