LyondellBasell Announces Quarterly Dividend

Rhea-AI Summary

LyondellBasell (NYSE: LYB) has declared a quarterly dividend of $1.05 per share. This dividend will be paid on December 7, 2020, to shareholders who are on record as of November 30, 2020, with an ex-dividend date set for November 27, 2020. The announcement reinforces LyondellBasell’s commitment to returning value to shareholders and reflects its position as one of the largest plastics, chemicals, and refining companies globally.

Positive

• Declared a quarterly dividend of $1.05 per share.
• Dividend payment scheduled for December 7, 2020, showing commitment to shareholder returns.

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• None.

HOUSTON and LONDON, Nov. 20, 2020 /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 $1.05 per share, to be paid December 7, 2020 to shareholders of record November 30, 2020, with an ex-dividend date of November 27, 2020.

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 polymer compounds and the largest licensor of polyolefin technologies. In 2020, LyondellBasell was named to Fortune Magazine's list of the "World's Most Admired Companies" for the third 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 on November 20, 2020?

LyondellBasell declared a dividend of $1.05 per share.

When will LyondellBasell's dividend be paid?

The dividend will be paid on December 7, 2020.

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

The ex-dividend date is November 27, 2020.

Who is eligible to receive the dividend from LyondellBasell?

Shareholders of record as of November 30, 2020, are eligible to receive the dividend.