LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, acetyls, ethylene glycols, and ethylene oxides and derivatives. In addition, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. Further, the company refines crude oil and other crude oils of varied types and sources into gasoline and distillates; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas.
LyondellBasell Industries Dividend Announcement
• LyondellBasell Industries announced a quarterly dividend of $1.34 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-08-26
• LyondellBasell Industries annual dividend for 2024 was $3.93
• LyondellBasell Industries annual dividend for 2023 was $4.94
• LyondellBasell Industries's trailing twelve-month (TTM) dividend yield is 7.8%
• LyondellBasell Industries's payout ratio for the trailing twelve months (TTM) is 77.69%
• LyondellBasell Industries's dividend growth over the last five years (2018-2023) was 4.31% year
• LyondellBasell Industries's dividend growth over the last ten years (2013-2023) was 9.46% year
LyondellBasell Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | $1.34 | quarterly | 2024-09-03 |
2024-06-03 | $1.34 | quarterly | 2024-06-10 |
2024-03-01 | $1.25 | quarterly | 2024-03-11 |
2023-11-24 | $1.25 | quarterly | 2023-12-04 |
2023-08-25 | $1.25 | quarterly | 2023-09-05 |
2023-05-26 | $1.25 | quarterly | 2023-06-06 |
2023-03-03 | $1.19 | quarterly | 2023-03-13 |
2022-11-25 | $1.19 | quarterly | 2022-12-05 |
2022-08-26 | $1.19 | quarterly | 2022-09-06 |
2022-06-03 | $6.39 | quarterly | 2022-06-13 |
2022-03-04 | $1.13 | quarterly | 2022-03-14 |
2021-11-26 | $1.13 | quarterly | 2021-12-06 |
2021-08-27 | $1.13 | quarterly | 2021-09-07 |
2021-06-04 | $1.13 | quarterly | 2021-06-14 |
2021-03-05 | $1.05 | quarterly | 2021-03-15 |
2020-11-27 | $1.05 | quarterly | 2020-12-07 |
2020-08-28 | $1.05 | quarterly | 2020-09-08 |
2020-06-05 | $1.05 | quarterly | 2020-06-15 |
2020-02-28 | $1.05 | quarterly | 2020-03-09 |
2019-11-29 | $1.05 | quarterly | 2019-12-09 |
2019-09-03 | $1.05 | quarterly | 2019-09-11 |
2019-06-07 | $1.05 | quarterly | 2019-06-17 |
2019-03-01 | $1.00 | quarterly | 2019-03-11 |
2018-12-07 | $1.00 | quarterly | 2018-12-17 |
2018-09-04 | $1.00 | quarterly | 2018-09-12 |
2018-06-08 | $1.00 | quarterly | 2018-06-18 |
2018-03-02 | $1.00 | quarterly | 2018-03-12 |
2017-12-04 | $0.90 | quarterly | 2017-12-12 |
2017-09-01 | $0.90 | quarterly | 2017-09-13 |
2017-06-01 | $0.90 | quarterly | 2017-06-12 |
2017-03-02 | $0.85 | quarterly | 2017-03-13 |
2016-11-25 | $0.85 | quarterly | 2016-12-13 |
2016-08-12 | $0.85 | quarterly | 2016-09-06 |
2016-05-20 | $0.85 | quarterly | 2016-06-07 |
2016-02-25 | $0.78 | quarterly | 2016-03-14 |
2015-11-19 | $0.78 | quarterly | 2015-12-07 |
2015-08-21 | $0.78 | quarterly | 2015-09-08 |
2015-02-26 | $0.70 | quarterly | 2015-03-16 |
2014-11-20 | $0.70 | quarterly | 2014-12-08 |
2014-08-21 | $0.70 | quarterly | 2014-09-08 |
2014-04-24 | $0.70 | quarterly | 2014-05-12 |
2014-02-27 | $0.60 | quarterly | 2014-03-17 |
2013-11-21 | $0.60 | quarterly | 2013-12-09 |
2013-09-19 | $0.50 | quarterly | 2013-10-07 |
2013-05-30 | $0.50 | quarterly | 2013-06-24 |
2013-02-21 | $0.40 | quarterly | 2013-03-18 |
LyondellBasell Industries Dividend per year
LyondellBasell Industries Dividend growth
LyondellBasell Industries Dividend Yield
LyondellBasell Industries current trailing twelve-month (TTM) dividend yield is 7.8%. Interested in purchasing LyondellBasell Industries stock? Use our calculator to estimate your expected dividend yield:
LyondellBasell Industries Financial Ratios
LyondellBasell Industries Dividend FAQ
Other factors to consider when evaluating LyondellBasell Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: LyondellBasell Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, LyondellBasell Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, LyondellBasell Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from LyondellBasell Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: LyondellBasell Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, LyondellBasell Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LyondellBasell Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of LyondellBasell Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review LyondellBasell Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.