Occidental Petroleum Corporation (OXY) Dividends

OXY Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of OXY, the DDM model generated by StockNews estimates a return of positive 28.96% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Occidental Petroleum Corp are:

• In comparison to other stocks in the Energy sector, OXY provides shareholders with a dividend yield greater than merely 0.91% such stocks.
• OXY's annual revenue of 20 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, it has a discount rate lower than 99.09% of dividend issuing stocks in its revenue class.
• Beta tells us how volatile a stock's price is relative to the broader equity index; for Occidental Petroleum Corp, its beta is lower than merely 0.42% of dividend issuing stocks we observed.

OXY Dividends vs. Peers