Occidental Petroleum Corporation
OXYEnergy · Stock · quarterly payer
Forward Yield
1.90%
Annual Dividend
$1.04
Payout Ratio
132%
5-Yr Growth
88.8%
Ex-Date
Jun 10, 2026
Frequency
Quarterly
Summary
As of July 2026, Occidental Petroleum Corporation (OXY) yields 1.90% ($1.04 per share annually), with a blended fair-value estimate of $71.53 — +30% upside, so it screens as undervalued. Dividend safety grade: C (58/100). 4 years of dividend growth.
Is OXY a good dividend stock?
Yes, with caveatsOccidental Petroleum Corporation (OXY) pays a quarterly dividend yielding 1.90% ($1.04/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 88.8% 5-yr dividend growth
- 114% total price return over 5 years
Risks
- Cut its dividend in 2020
- Elevated payout ratio (132%)
Key Data
- Dividend Yield
- 1.90%
- Payout Ratio
- 132%
- Annual Dividend
- $1.04
- 5-Yr Avg Growth
- 88.8%
- Ex-Dividend Date
- Jun 10, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.15
- Market Cap
- $54.9B
- P/E Ratio
- 73.6
- 5-Yr Total Return
- 114%
- 52-Week Range
- $38.80 – $67.45
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
OXY Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
-13%
5 Years
+114%
52-Week Range
$38.80 – $67.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OXY worth?
Undervaluedlow confidenceOur blended fair-value estimate for Occidental Petroleum Corporation is $71.53 per share, versus a market price of $54.86. That implies 30% of upside — a margin of safety of about 23%.
Fair Value
$71.53
Current Price
$54.86
Upside
+30%
Margin of Safety
23%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 3.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 3.4% stage-1 growth, 2.5% terminal growth, $0.74 EPS, $1.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OXY Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 10, 2026 | — | $0.2600 | regular |
| Mar 10, 2026 | — | $0.2600 | regular |
| Dec 10, 2025 | — | $0.2400 | regular |
| Sep 10, 2025 | — | $0.2400 | regular |
| Jun 10, 2025 | — | $0.2400 | regular |
| Mar 10, 2025 | — | $0.2400 | regular |
| Dec 10, 2024 | — | $0.2200 | regular |
| Sep 10, 2024 | — | $0.2200 | regular |
| Jun 10, 2024 | — | $0.2200 | regular |
| Mar 7, 2024 | — | $0.2200 | regular |
| Dec 7, 2023 | — | $0.1800 | regular |
| Sep 7, 2023 | — | $0.1800 | regular |
| Jun 8, 2023 | — | $0.1800 | regular |
| Mar 9, 2023 | — | $0.1800 | regular |
Income Calculator
At $1.04 / yr per share
