LyondellBasell Industries (LYB) Raises Quarterly Dividend 7.6% to $1.13; 4% Yield

LyondellBasell Industries (NYSE: LYB) declared a quarterly dividend of $1.13 per share, or $4.52 annualized. This is a 7.6% increase from the prior dividend of $1.05.

The dividend will be payable on June 14, 2021, to stockholders of record on June 7, 2021, with an ex-dividend date of June 4, 2021.

The annual yield on the dividend is 4 percent.

"Over the past three years, LyondellBasell's strategic investments have increased our earnings power at all points in the cycle. The stronger dividend reflects confidence in our ability to consistently provide leading returns for LyondellBasell shareholders," said Bob Patel, CEO of LyondellBasell. "With this dividend increase, we are on track to post our eleventh consecutive year of annual dividend growth in 2021."

For a dividend history and other dividend-related data on LyondellBasell Industries (LYB) click here.

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