Occidental to increase dividend payments after cutting debt, CEO says

  • 11/5/2021
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HOUSTON, Nov 5 (Reuters) - Occidental Petroleum Corp will increase its fixed dividend payments to shareholders after cutting its debt levels to $25 billion, Chief Executive Officer Vicki Hollub said on Friday. “We are going to get there sooner than we expected,” Hollub told analysts on a call to comment on the companies third quarter results. (Reporting by Sabrina Valle Editing by Chris Reese)

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