LyondellBasell Announces Quarterly Dividend

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.

HOUSTON and LONDON, Nov. 19, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that it has declared a dividend of $1.13 per share, to be paid December 6, 2021 to shareholders of record November 29, 2021, with an ex-dividend date of November 26, 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.

 

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SOURCE LyondellBasell Industries

FAQ

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

LyondellBasell has declared a dividend of $1.13 per share.

When will the dividend be paid to shareholders of LyondellBasell (LYB)?

The dividend will be paid on December 6, 2021.

What is the ex-dividend date for LyondellBasell (LYB)?

The ex-dividend date is November 26, 2021.

Who will receive the dividend from LyondellBasell (LYB)?

Shareholders of record as of November 29, 2021, will receive the dividend.

How does LyondellBasell (LYB) rank among companies in its sector?

LyondellBasell was named one of the 'World's Most Admired Companies' by FORTUNE Magazine for four consecutive years.