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Occidental Petroleum Corporation Message Board

  • sollid_companiess_only sollid_companiess_only Jan 31, 2013 5:35 PM Flag

    CEO Stephen Chazen's Remarks on OXY's Dividends

    At OXY's meeting, discussing the latest quarterly results. CEO Chazen said, "We've increased our dividends at a compounded rate of 15.8% over last 10 years through 11 dividend increases. We expect to announce further dividend increase after the meeting of the Board of Directors in the second quarter of February. As a result of our consistent, long-term record of growing our dividend, we are proud to have been selected for inclusion in Mergent's Dividend Achievers indices for 2013. This is a highly regarded series of indices that track companies with long -- strong, long-term dividend growth.

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