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Occidental Petroleum Corporation Dividends

OXY Stock Analysis

Page title

Section title

Dividend Yield
1.74%
Payout Ratio
20.73%
Dividend Amount Per Share
$0.80
Last Ex-Dividend Date
Sep 10, 2024

OXY Dividend Safety

OXY paid out 20.73% of its $4B earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

OXY's Dividend Payout Ratio of 20.725% is considered safe for the Energy sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

OXY's Interest Coverage Ratio of 8.834 indicates strong financial health with easy coverage of interest expenses.

Income Quality

OXY shows excellent income quality with a ratio of 2.621. This indicates high-quality earnings and low risk of dividend cuts.

OXY Dividend Growth

Occidental Petroleum Corporation(OXY) offers a dividend yield of 1.74% and pays $0.80 in dividends per share. Explore the historical dividend growth of OXY.

Dividend Stability

OXY has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.

Dividend Growth

OXY's dividend payments have shown very poor growth, shrinking by -22.561% over the last 5 years.

Earnings Growth

OXY's earnings have grown by 167.929% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

OXY Dividend Yield Attractiveness

Occidental Petroleum Corporation(OXY) provides a dividend yield of 1.74%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

OXY

Peers

Industry

Sector

1.74%

4.18%

5.56%

5.78%

Dividend Yield

OXY's dividend yield of 1.74% is considered good compared to the sector average of 5.778%, providing a strong safety margin for investors.

OXY Cash Flow

Over the past 12 months, OXY generated $27B in revenue, produced $4B in free cash flow, and distributed $1B in dividends.

100%75%50%25%0%

Free Cash Flow Growth

OXY's free cash flow has grown by 60.685% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

OXY Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Occidental Petroleum Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.