Dividend Information About Occidental Petroleum: Everything You Need to Know Before Its Ex-Dividend Date on Sep 10, 2025

Occidental Petroleum (OXY) has recently announced its upcoming dividend payment for shareholders, with a cash dividend of $0.24000000 per share scheduled to be distributed on Oct 15, 2025. The ex-dividend date for this payout is set for Sep 10, 2025, meaning investors must hold the stock before this date to be eligible for the dividend. The announcement date for this dividend was Jul 30, 2025, and the most recent dividend payment by the company occurred on Jul 15, 2025, also in the amount of $0.24000000 per share. The current dividend is lower than the average of the last 10 dividend payments, which stood at approximately $0.40075829 per share. This reduction may reflect broader trends in the company’s performance or strategic adjustments in its payout policy.

Recent news surrounding Oxy has been largely focused on its ambitious $1.3 billion direct air capture (DAC) project in West Texas, known as the Stratos DAC facility. This initiative, part of Oxy’s broader net-zero strategy, is on track to begin commercial CO2 capture by 2025, signaling a significant commitment to environmental sustainability and carbon management. Over the past week, analysts have highlighted the potential of this project to enhance the company’s long-term value, particularly as global demand for carbon capture technologies grows. Additionally, Raymond James has maintained a Buy rating on Oxy, with a price target of $58.00, reflecting confidence in its operational and financial trajectory. Another notable development is the recent 1.5% decline in Oxy’s share price on Sep 4, 2025, amid a $450 million trading volume, as the market digested the latest updates on its Texas-based DAC project.

In terms of fundamentals, Oxy continues to operate with a market capitalization of $45.61 billion and a price-to-earnings ratio of 27.42. While the company has faced a gradual decline in its dividend payments over the past decade—averaging 10% annually—recent strategic investments and environmental initiatives suggest a shift toward long-term stability. Investors should also note that the ex-dividend date of Sep 10, 2025, is the last day to purchase Oxy shares to be eligible for the upcoming dividend. Any purchase made after this date will not qualify for the $0.24 per share payout scheduled for Oct 15, 2025.