Best Dividend Stock to Buy: Raytheon vs. Occidental Petroleum

By Parkev Tatevosian, CFA – Mar 10, 2023 at 6:30AM

NYSE: OXY

Occidental Petroleum

Market Cap

$57B

Today's Change

(-0.42%) -$0.27

Current Price

$64.39

Price as of May 3, 2024, 4:00 p.m. ET

The answer could come down to the sustainability of the dividends.

Raytheon Technologies (RTX -0.48%) and Occidental Petroleum (OXY -0.42%) are each benefiting from rising demand for their products and services. This video will compare these two businesses and answer which one is the better one to buy for dividend stock investors.

*Stock prices used were the afternoon prices of March 7, 2023. The video was published on March 9, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Raytheon Technologies. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.