From Yahoo Finance: 2025-05-23 22:03:00

LyondellBasell Industries N.V. (NYSE:LYB) raised its quarterly dividend by 2.2% to $1.37 per share. This marks the 15th consecutive year of dividend growth for the global chemical producer. CEO Peter Vanacker expressed confidence in the company’s disciplined capital deployment and value-driven strategy. In the last quarter, LYB returned $543 million to investors through dividends and share repurchases. With an attractive dividend yield of 9.55%, LYB will trade ex-dividend on June 9. While LYB shows promise, there are other deeply undervalued dividend stocks that may offer higher returns in a shorter timeframe. No promotional content included.



Read more at Yahoo Finance: LyondellBasell Industries N.V. (LYB) Raises Dividend by 2.2%