LyondellBasell Bumps up Quarterly Dividend by 7.6%
LyondellBasell (LYB) raised its quarterly dividend by 7.6% to $1.13 per share. The company is one of the worlds largest plastics, chemicals, and refining companies.
The dividend is payable on June 14 to shareholders of record on June 7. LyondellBasells annual dividend of $4.52 per share now reflects a dividend yield of 4%.
LyondellBasell CEO Bob Patel said, Over the past three years, LyondellBasells strategic investments have increased our earnings power at all points in the cycle. The stronger…
