Occidental cuts dividend again, now to 1 cent
May 29, 2020 at 13:35 PM EDT
Troubled oil and gas producer Occidental Petroleum Corp cut its quarterly dividend to just a cent per share on Friday after having already slashed it 86% in March to cope with a historic plunge in oil prices because of the coronavirus outbreak. (Reporting by Shariq Khan in Bengaluru; Editing by Shailesh Kuber)