HOUSTON and LONDON, May 24, 2024
/PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its
board of directors has declared a quarterly dividend of
$1.34 per share, representing a 7
percent increase over the company's first quarter 2024 dividend.
The dividend will be paid to shareholders on June 10, 2024, with an ex-dividend and record
date of June 3, 2024.
"Today's 7 percent dividend increase reflects LyondellBasell's
confidence in our ability to navigate dynamic markets, unlock value
with our focused new strategy and grow shareholder returns," said
LYB CEO Peter Vanacker. "The
increased dividend will mark 2024 as our 14th consecutive year of
annual dividend growth."
About LyondellBasell
We are LyondellBasell (NYSE: LYB)
― a leader in the global chemical industry creating solutions for
everyday sustainable living. Through advanced technology and
focused investments, we are enabling a circular and low carbon
economy. Across all we do, we aim to unlock value for our
customers, investors and society. As one of the world's largest
producers of polymers and a leader in polyolefin technologies, we
develop, manufacture and market high-quality and innovative
products for applications ranging from sustainable transportation
and food safety to clean water and quality healthcare. For more
information, please visit www.lyondellbasell.com or follow
@LyondellBasell on LinkedIn.
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SOURCE LyondellBasell