Looking at Occidental Petroleum as a way to invest in oil while also collecting a dividend check? You'll want to look at this alternative. Choosing investments for your portfolio will require you to make concessions. Consider Occidental Petroleum (OXY -0.51%), which has grown its quarterly dividend from $0.01 a share in the first quarter of 2021 to$0.22 per share in the third stanza of 2024. That sounds great if you are a dividend investor, but there's some history here that suggests Chevron (CVX -1.45%) m ...