Reminder - Occidental Petroleum (OXY) Goes Ex-Dividend Soon

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Looking at the universe of stocks we cover at Dividend Channel , on 12/7/18, Occidental Petroleum Corp (Symbol: OXY) will trade ex-dividend, for its quarterly dividend of $0.78, payable on 1/15/19. As a percentage of OXY's recent stock price of $67.74, this dividend works out to approximately 1.15%, so look for shares of Occidental Petroleum Corp to trade 1.15% lower - all else being equal - when OXY shares open for trading on 12/7/18.


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OXY is likely to continue, and whether the current estimated yield of 4.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OXY shares, versus its 200 day moving average:

Occidental Petroleum Corp 200 Day Moving Average Chart

Looking at the chart above, OXY's low point in its 52 week range is $62.47 per share, with $87.67 as the 52 week high point - that compares with a last trade of $67.80.

In Thursday trading, Occidental Petroleum Corp shares are currently off about 2.8% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: OXY

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