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Oxy Hikes Its Dividend by 9% - More Than Expected - How Investors Can Play This

Summary by Barchart.com
Occidental Petroleum hiked its quarterly dividend by 9% - higher than our estimate of 8% last month. This makes OXY stock undervalued compared to its average yield. One way to play this is to sell short OTM puts.
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Barchart.com broke the news in on Sunday, February 23, 2025.
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