Occidental Petroleum Corporation (OXY) Dividend History
Income profile from 1982 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
67.3% payout ratio with watch safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 5.5% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). OXY's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
Income Growth Story
Dividend per share and yield on cost over time (45 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Occidental Petroleum Corporation distributes 67.3% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 38.8%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
OXY has raised its dividend for 4 consecutive years, with a 3-year CAGR of 22.7% and 5-year CAGR of 3.2%.
Total Shareholder Returns
Beyond cash dividends, OXY returns capital through share repurchases. The combined picture: 3.0% dividend yield, 3.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.5% and is currently rising. The 5-year total return is 103.3%, with dividends contributing 11.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $10,076 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 10, 2026Latest | $0.2600 | ↑ +8.3% | 1.85% | Apr 15, 2026 |
| Dec 10, 2025 | $0.2400 | — | 2.30% | Jan 15, 2026 |
| Sep 10, 2025 | $0.2400 | — | 2.03% | Oct 15, 2025 |
| Jun 10, 2025 | $0.2400 | — | 2.10% | Jul 15, 2025 |
| Mar 10, 2025 | $0.2400 | ↑ +9.1% | 1.90% | Apr 15, 2025 |
| Dec 10, 2024 | $0.2200 | — | 1.83% | Jan 15, 2025 |
| Sep 10, 2024 | $0.2200 | — | 1.63% | Oct 15, 2024 |
| Jun 10, 2024 | $0.2200 | — | 1.32% | Jul 15, 2024 |
Dividend Peer Comparison
Peer group: Large diversified global upstream producers
Annual Dividend History
45 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.26 | — | 1 | — | — | — | 1.5% |
| 2025 | $0.96 | 9.1% | 4 | $1.61 | 59.6% | 1.68x | 5.5% |
| 2024 | $0.88 | 22.2% | 4 | $2.44 | 36.1% | 2.77x | 5.0% |
| 2023 | $0.72 | 38.5% | 4 | $3.90 | 18.5% | 5.42x | 4.1% |
| 2022 | $0.52 | 1200.0% | 4 | $12.40 | 4.2% | 23.85x | 3.0% |
| 2021 | $0.04 | -95.1% | 4 | $1.58 | 2.5% | 39.50x | 0.2% |
| 2020 | $0.82 | -73.9% | 4 | $-17.06 | — | — | 4.7% |
| 2019 | $3.14 | 1.3% | 4 | $-1.22 | — | — | 18.0% |
| 2018 | $3.10 | 1.3% | 4 | $5.39 | 57.5% | 1.74x | 17.8% |
| 2017 | $3.06 | 1.3% | 4 | $1.70 | 180.0% | 0.56x | 17.5% |
See OXY's True Return
Price is only half the story. See total return with reinvested dividends.
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See how OXY stacks up against sector leader California Resources Corporation.
Start ComparisonFrequently Asked Questions
How much dividend does OXY pay per share?
Occidental Petroleum Corporation (OXY) pays a trailing 12-month dividend of $1.59 per share, with a current dividend yield of +3.0%. Payments are made Annual.
When is OXY's next ex-dividend date?
OXY's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. OXY typically pays dividends Annual.
Is OXY's dividend safe?
OXY's dividend safety is rated "Watch" based on an earnings payout ratio of +67.3% and FCF payout ratio of +38.8%. The 4-year growth streak provides moderate confidence.
Is OXY a Dividend Payer?
Yes, Occidental Petroleum Corporation is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +3.2%, demonstrating modest dividend growth.
How often does OXY pay dividends?
Occidental Petroleum Corporation pays dividends Annual. The trailing 12-month total is $1.59 per share. Dividend data on this page covers 44+ years from 1982 to 2026.
How much would $10,000 invested in OXY grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in OXY five years ago would be worth approximately $20,333 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is OXY's yield on cost for long-term holders?
OXY's yield on cost — the current dividend divided by the original purchase price — is +5.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.0% market yield, thanks to consistent dividend growth.