BP Plc ( BP - Free Report ) and France's Total SA yield about 13.27% and 11%, respectively, per Bloomberg. Amid the ongoing oil market rout, maintaining the huge dividend payouts is a tall order. Occidental Petroleum ( OXY - Free Report ) has announced a cut in its quarterly dividend payout for the first time in 30 years by 86% to 11 cents a share from 79 cents, effective July. Occidental Petroleum's dividend yield is as high as 26.29% as of Mar 17 (read: Oil Firms May Cut Dividends Ahead: ETFs & Stocks in Focus ).