Previous Close | 59.26 |
Open | 60.01 |
Bid | 60.32 x 900 |
Ask | 60.29 x 800 |
Day's Range | 59.74 - 60.54 |
52 Week Range | 55.12 - 71.19 |
Volume | |
Avg. Volume | 6,992,150 |
Market Cap | 53.624B |
Beta (5Y Monthly) | 1.61 |
PE Ratio (TTM) | 17.48 |
EPS (TTM) | 3.46 |
Earnings Date | Jul 31, 2024 - Aug 05, 2024 |
Forward Dividend & Yield | 0.88 (1.48%) |
Ex-Dividend Date | Jun 10, 2024 |
1y Target Est | 71.72 |
Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) has upped its stake in oil giant Occidental Petroleum (OXY) by buying up another 2.57 million shares last week. Yahoo Finance's Ines Ferré details the latest on Berkshire's position in the energy company. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Occidental Petroleum Corp (NYSE:OXY) recently announced a dividend of $0.22 per share, payable on 2024-07-15, with the ex-dividend date set for 2024-06-10. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Occidental Petroleum Corp's dividend performance and assess its sustainability.
Berkshire bought the stock, valued at more than $150 million, on Wednesday through Friday and paid just under $60 a share, according to a Form 4 filing with the Securities and Exchange Commission late Friday after the close of trading. Berkshire now owns $15 billion of Occidental stock. Berkshire must report any purchases within two business days.