LYB - LYB Announces 7 Percent Increase to Quarterly Dividend

PR Newswire

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.

SOURCE LyondellBasell