LyondellBasell Announces Quarterly Dividend

Rhea-AI Summary

LyondellBasell (NYSE: LYB) has declared a quarterly dividend of $1.05 per share, payable on September 8, 2020. Shareholders on record as of August 31, 2020 will receive this payment, with an ex-dividend date of August 28, 2020. This dividend reflects LyondellBasell's commitment to providing shareholder value amidst its operations as one of the largest producers in the plastics, chemicals, and refining sectors, enhancing product safety and efficacy.

Positive

• Dividend of $1.05 per share indicates strong cash flow and commitment to returning value to shareholders.
• Company recognized in Fortune Magazine's 'World's Most Admired Companies' list for three consecutive years.

Negative

• None.

HOUSTON and LONDON, Aug. 21, 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 September 8, 2020 to shareholders of record August 31, 2020, with an ex-dividend date of August 28, 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 for LyondellBasell (LYB) announced on August 21, 2020?

LyondellBasell announced a dividend of $1.05 per share.

When will the dividend for LyondellBasell (LYB) be paid?

The dividend will be paid on September 8, 2020.

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

The ex-dividend date is August 28, 2020.

Who qualifies for the LyondellBasell (LYB) dividend payment?

Shareholders of record as of August 31, 2020, qualify for the dividend payment.