Occidental Petroleum Dividends and Buybacks
Dividend criteria checks 2/6
Occidental Petroleum is a dividend paying company with a current yield of 1.73% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 10th December, 2024.
Key information
1.7%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -10.6% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 10 Dec 24 |
| Dividend per share | US$0.880 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0KAK's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0KAK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Occidental Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0KAK) | 1.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Oil and Gas) | 5.3% |
| Analyst forecast (0KAK) (up to 3 years) | 2.0% |
Notable Dividend: 0KAK's dividend (1.73%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: 0KAK's dividend (1.73%) is low compared to the top 25% of dividend payers in the UK market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.3%), 0KAK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.2%), 0KAK's dividend payments are well covered by cash flows.