$Occidental(OXY)$ Look what my $4 stock just announced:

today announced that its Board of Directors declared a regular quarterly cash dividend of $0.15 per share of common stock to be paid on May 1, 2024, to stockholders of record on April 22, 2024.

( $69 sinkhole / $4 ) x 15 cents = 17 x 15 cents = equivalent $2.55 quarterly dividend compared to sinkhole's Big 22 cent Dividend Payday. Oh, and it went up 50 cents or 12% on the dividend announcement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • fishhhh
    ·04-15
    The 17x payout compared to the $69 sinkhole is quite impressive.
    Reply
    Report