LyondellBasell Announces Quarterly Dividend
LyondellBasell (NYSE: LYB) has declared a $1.13 per share dividend, set to be paid on December 6, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
LyondellBasell (NYSE: LYB) has declared a $1.13 per share dividend, set to be paid on December 6, 2021. Shareholders of record by November 29, 2021 will receive the dividend, with an ex-dividend date of November 26, 2021. This announcement reflects the company's commitment to returning value to its shareholders. LyondellBasell is a global leader in plastics, chemicals, and refining, recognized for its innovative products essential for modern challenges.
Positive
- Dividend of $1.13 per share announced, indicating strong cash flow and commitment to returning value to shareholders.
- Consistent recognition as one of the 'World's Most Admired Companies' by FORTUNE Magazine.
Negative
- None.
Details
News Market Reaction – LYB
The recorded move for LYB in the trading session of this news was -2.04%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON and LONDON, Nov. 19, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that it has declared a dividend of
About LyondellBasell
LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2021, LyondellBasell was named to FORTUNE Magazine's list of the "World's Most Admired Companies" for the fourth consecutive year. More information about LyondellBasell can be found at www.lyondellbasell.com.
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SOURCE LyondellBasell Industries
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