On Friday,
May 23rd the Board of Directors of LyondellBasell Industries N.V.
(LYB) announced
a quarterly dividend increase of from $1.34 to $1.37 per share,
that’s payable June 9, 2025 to holders of record June 2, 2025. This
represents a 2.24% increase over the last quarterly dividend.
“LYB continues to reward shareholders
with a strong and growing dividend in 2025, which will mark 15
consecutive years of dividend increases,” said CEO Peter Vanacker.
“The growth of our dividend reaffirms confidence in our disciplined
capital deployment, our value-driven strategy and our capability to
navigate the cycle during these challenging times.”
At the current price of $57.07 (yesterday's close), this increase will raise LYB's dividend yield to
9.60%.