HOUSTON - LyondellBasell (NYSE: LYB), a prominent player in the global chemical industry, has declared a quarterly dividend of $1.25 per share. This dividend is slated for payment on March 11 to shareholders who are recorded by March 4, with the ex-dividend date set for March 1.
The announcement reflects the company's ongoing commitment to providing returns to its investors. LyondellBasell is known for its significant presence in the chemical sector, particularly as a major producer of polymers and a pioneer in polyolefin technologies. The company's product portfolio is diverse, catering to various applications including transportation, food safety, clean water, and healthcare.
LyondellBasell's strategic focus is on fostering sustainable living through advanced technology and investments aimed at promoting a circular and low carbon economy. The company's efforts are geared towards creating value not only for customers and investors but also for society at large.
This dividend declaration is a part of the company's financial activities and is based on a press release statement. The information is intended for shareholders and investors who track the company's financial distributions and performance. It is important to note that the dividend payout is subject to the company's performance and board approval, and it may not necessarily indicate the company's future financial position or performance.
Investors interested in receiving this dividend must be registered as shareholders before the ex-dividend date. LyondellBasell's shares will trade without the right to this dividend from March 1. The company's commitment to sustainability and innovation remains a cornerstone of its operations, as it continues to deliver products that are essential for a wide range of industries.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.