LyondellBasell Announces Quarterly Dividend
LyondellBasell (NYSE: LYB) has declared a quarterly dividend of $1.13 per share, payable on March 14, 2022.
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 quarterly dividend of $1.13 per share, payable on March 14, 2022. Shareholders of record as of March 7, 2022 will receive the dividend, with an ex-dividend date set for March 4, 2022. LyondellBasell, a leader in plastics and chemicals, serves customers in over 100 countries and has recently been recognized as one of the 'World's Most Admired Companies' by FORTUNE Magazine.
Positive
- Declared a dividend of $1.13 per share, demonstrating strong shareholder return.
- Recognition as one of FORTUNE Magazine's 'World's Most Admired Companies' for five consecutive years.
Negative
- None.
Details
News Market Reaction – LYB
The recorded move for LYB in the trading session of this news was +3.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON and LONDON, Feb. 25, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced 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 2022, LyondellBasell was named to FORTUNE Magazine's list of the "World's Most Admired Companies" for the fifth consecutive year. More information about LyondellBasell can be found at www.lyondellbasell.com.
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SOURCE LyondellBasell Industries
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