LyondellBasell Cuts Dividend Amid Chemical Industry Downturn

LyondellBasell has halved its dividend, relinquishing its position as a top dividend yielder, as the chemical industry continues to face a prolonged downturn.

20 Feb, 13:14 — 20 Feb, 13:14

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marketwatch1d ago

This chemical company gives up its title as the top dividend yielder, so it can save cash

LyondellBasell cut its dividend in half, as the long downturn in the chemicals industry looks set to continue.

By Tomi Kilgore

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LyondellBasell Cuts Dividend Amid Chemical Industry Downturn

Read at source (1 outlet)

This chemical company gives up its title as the top dividend yielder, so it can save cash

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