The global chemicals sector faces challenges with weak demand and high costs, leading to a surprise 50% dividend cut by LyondellBasell (LYB). The company is focusing on core operations, cost-saving initiatives, and maintaining an investment-grade balance sheet. Despite a recent stock price rebound, LYB reported disappointing Q4 2025 earnings, with a loss per share. Analysts are mixed on the stock, with some expressing skepticism about dividend sustainability. However, cost-cutting measures and a high dividend yield of 9.46% suggest potential for income investors. The company aims to generate additional free cash flow in 2026 to strengthen its financial position.

Read more at Barchart: This Blue-Chip Stock Just Slashed Its Dividend by 50%. Should You Run Away Now?