Credit: Shutterstock photoOccidental Petroleum Corporation ( OXY ) will begin trading ex-dividend on March 08, 2016. A cash dividend payment of $0.75 per share is scheduled to be paid on April 15, 2016. Shareholders who purchased OXY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that OXY has paid the same dividend.
The previous trading day's last sale of OXY was $69.72, representing a -15.04% decrease from the 52 week high of $82.06 and a 19.71% increase over the 52 week low of $58.24.
OXY is a part of the Energy sector, which includes companies such as Royal Dutch Shell PLC (RDS.B) and PetroChina Company Limited ( PTR ). OXY's current earnings per share, an indicator of a company's profitability, is -$7.88. Zacks Investment Research reports OXY's forecasted earnings growth in 2016 as -414.58%, compared to an industry average of -2.9%.
For more information on the declaration, record and payment dates, visit the OXY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to OXY through an Exchange Traded Fund [ETF]?
The following ETF(s) have OXY as a top-10 holding:
- Market Vectors Unconventional Oil & Gas ETF ( FRAK )
- PowerShares Dynamic Energy E&P ( PXE )
- iShares North American Natural Resources ETF ( IGE )
- iShares U.S. Energy ETF ( IYE )
- SPDR Select Sector Fund - Energy Select Sector ( XLE ).
The top-performing ETF of this group is IYE with an decrease of -11.51% over the last 100 days. FRAK has the highest percent weighting of OXY at 9.62%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.