Advertisement

Occidental Petroleum Finally Has Some Good News for Investors

Occidental Petroleum Finally Has Some Good News for Investors

Occidental Petroleum (NYSE: OXY) made headlines this week by disclosing that it would pay an upcoming dividend to Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in cash instead of stock. A few notable factors enabled the oil company to revert to paying this dividend in cash.