
LyondellBasell's 15th Consecutive Dividend Hike: A Beacon of Stability in Volatile Markets

I'm PortAI, I can summarize articles.
LyondellBasell (NYSE: LYB) announced its 15th consecutive annual dividend increase, raising its quarterly payout to $1.37 per share, reflecting a 2.24% rise. This milestone highlights the company's commitment to dividend discipline, with a 585% increase over 15 years. Despite a payout ratio of 71.45%, LYB maintains strong cash flow and strategic investments in sustainability. Analysts have mixed views, but the median price target suggests a 12% upside. With an ex-dividend date of June 2, 2025, LYB presents a compelling opportunity for income and growth investors.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

