Occidental Petroleum Increases Quarterly Dividend by 8.3%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy OXY?
Source: seekingalpha
- Dividend Increase: Occidental Petroleum has declared a quarterly dividend of $0.26 per share, marking an 8.3% increase from the previous $0.24, indicating a positive signal regarding the company's stable cash flow and profitability.
- Yield Performance: This dividend hike results in a forward yield of 2.21%, providing investors with a relatively attractive return, reflecting the company's confidence in future earnings growth.
- Payment Schedule: The new dividend will be payable on April 15, with a record date of March 10 and an ex-dividend date also on March 10, ensuring shareholders can timely benefit from the increased returns.
- Sustained Growth Potential: Following four consecutive quarters of a $0.24 dividend, this increase not only boosts investor confidence but may also attract more attention from investors towards Occidental Petroleum, positioning the company favorably in future market competition.
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Analyst Views on OXY
Wall Street analysts forecast OXY stock price to fall
16 Analyst Rating
4 Buy
9 Hold
3 Sell
Hold
Current: 55.830
Low
38.00
Averages
47.27
High
64.00
Current: 55.830
Low
38.00
Averages
47.27
High
64.00
About OXY
Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East and North Africa. The Company is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. Its segments include oil and gas, and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The Company's midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. It also optimizes its transportation and storage capacity and invests in entities that conduct similar activities. This segment also includes low-carbon venture businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Portfolio Concentration: Abel inherited a portfolio where the top ten holdings account for 79% of invested assets, with Apple representing $59.4 billion or 18.7% of total investments, indicating a strong reliance on core assets.
- Capital Return Strategy: All of Berkshire's top ten holdings pay dividends, with Coca-Cola yielding an impressive 63% annually, reflecting Abel's continuation of Buffett's focus on capital returns to enhance shareholder value.
- Value Investment Principle: Abel emphasizes the importance of value in managing the portfolio, recently selling approximately 75% of Berkshire's Apple shares, indicating that maintaining the portfolio's value is a top priority in the face of high valuations.
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