Occidental Slashes Payout for First Time in 30 Years on Rout
Vicki Hollub, president and chief executive officer of Occidental Petroleum Corp., speaks during the 2017 CERAWeek by IHS Markit conference in Houston, Texas, U.S (Photographer: F. Carter Smith/Bloomberg)

Occidental Slashes Payout for First Time in 30 Years on Rout

(Bloomberg) -- Occidental Petroleum Corp. cut its dividend for the first time in 30 years as the oil producer opts to conserve cash to cover debt incurred in its $37 billion takeover of Anadarko Pe...
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