LyondellBasell Announces Quarterly Dividend
LyondellBasell (NYSE: LYB) declared a quarterly dividend of $1.19 per share, set for payment on December 5, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
LyondellBasell (NYSE: LYB) declared a quarterly dividend of $1.19 per share, set for payment on December 5, 2022. Shareholders of record as of November 28, 2022 will be eligible, with an ex-dividend date of November 25, 2022. The company continues to emphasize sustainability and has been recognized as one of FORTUNE Magazine's "World's Most Admired Companies" for five consecutive years. This dividend showcases LyondellBasell's strong commitment to returning value to its shareholders.
Positive
- Quarterly dividend of $1.19 per share announced.
- Dividend payment date set for December 5, 2022, reflecting strong cash flow.
- Recognition as one of FORTUNE's "World's Most Admired Companies" for five years.
Negative
- None.
Details
News Market Reaction – LYB
The recorded move for LYB in the trading session of this news was +0.62%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON and LONDON, Nov. 18, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has declared a dividend of
About LyondellBasell
As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company's products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine's "World's Most Admired Companies" for the fifth consecutive year. For more information, please visit www.LyondellBasell.com or follow @LyondellBasell on LinkedIn.
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SOURCE LyondellBasell Industries
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