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LyondellBasell Announces Quarterly Dividend

LyondellBasell (NYSE: LYB) announced a quarterly dividend of $1.13 per share, payable on September 7, 2021, to shareholders recorded by August 30, 2021.

(Neutral)

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.

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dividends

Rhea-AI Summary

LyondellBasell (NYSE: LYB) announced a quarterly dividend of $1.13 per share, payable on September 7, 2021, to shareholders recorded by August 30, 2021. The ex-dividend date is set for August 27, 2021. LyondellBasell is a leading global producer of plastics, chemicals, and refining, recognized for its contributions to modern challenges such as food safety and water purity. In 2021, it earned a spot on FORTUNE Magazine's list of the “World’s Most Admired Companies” for the fourth consecutive year.

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Positive

  • Quarterly dividend of $1.13 per share indicates strong cash flow and shareholder returns.
  • Company recognized on FORTUNE Magazine's list of the “World’s Most Admired Companies” reflects positive corporate reputation.

Negative

  • None.
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News Market Reaction – LYB

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HOUSTON and LONDON, Aug. 20, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.13 per share, to be paid September 7, 2021 to shareholders of record August 30, 2021, with an ex-dividend date of August 27, 2021.

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.

LyondellBasell (PRNewsfoto/LyondellBasell)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lyondellbasell-announces-quarterly-dividend-301357827.html

SOURCE LyondellBasell Industries

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by LyondellBasell (LYB)?

LyondellBasell declared a dividend of $1.13 per share.

When will LyondellBasell's dividend be paid?

The dividend will be paid on September 7, 2021.

What is the ex-dividend date for LyondellBasell's dividend?

The ex-dividend date is August 27, 2021.

Who is eligible for the LyondellBasell dividend payment?

Shareholders of record by August 30, 2021, are eligible for the dividend payment.

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