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OCCIDENTAL PETROLEUM DECLARES PREFERRED DIVIDEND

 LOS ANGELES, March 2 /PRNewswire/ -- Occidental Petroleum Corp. (NYSE: OXY) announced that the executive committee of its board of directors has declared a prorated initial cash dividend of $.46285 per share on Occidental's $3.875 cumulative convertible preferred stock.
 The dividend is for the period from and including Feb. 18, 1993, the date of issued of the preferred stock, to but excluding April 1, 1993.
 The dividend will be payable April 1, 1993 to stockholders of record on March 10, 1993.
 -0- 3/2/93
 /CONTACT: Howard Collins (media), 310-443-6523, or Kenneth J. Huffman (investors), 212-603-8183, both of Occidental Petroleum/
 (OXY)


CO: Occidental Petroleum Corp. ST: California IN: OIL SU: DIV

KJ -- LA025 -- 2016 03/02/93 14:04 EST
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Publication:PR Newswire
Date:Mar 2, 1993
Words:120
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