LyondellBasell Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Specialty chemicals manufacturer LyondellBasellannounced today its interim dividend of $0.50 per share, the same rate it paid last quarter after raising the payout to investors by 25% from $0.40 per share.

The board of directors said the quarterly dividend is payable on October 7 to holders of record at the close of business on September 23. The regular dividend payment equates to a $2.00-per-share annual dividend, yielding 2.8% based on the closing price today of LyondellBasell's stock.

LYB Dividend Chart
LYB Dividend Chart


LYB Dividend data by YCharts. Chart reflects payment of special dividends.

The article LyondellBasell Keeps Dividend Steady originally appeared on Fool.com.

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