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Occidental to increase dividend payments after cutting debt, CEO says -Breaking

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© Reuters. FILE PHOTO: The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni

By Sabrina Valle

HOUSTON (Reuters) – Occidental Petroleum Corp (NYSE:) will enhance its mounted dividend funds to shareholders after chopping its debt ranges to $25 billion, Chief Govt Officer Vicki Hollub mentioned on Friday.

“We’re going to get there before we anticipated,” Hollub informed analysts on a name to touch upon the businesses third quarter outcomes.

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