LyondellBasell As of December 7, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
LYB $4.76 5.3% 7.6% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Chemicals & Refining 5.8% 12 5.7% Quarter 2011

LyondellBasell Industries (LYB) will raise its quarterly dividend by 5.3 percent to $1.19 per share in 2022. Also a $5.20 per share special dividend will be paid by LYB on June 13, 2022. The ex-dividend date for both dividends is June 3, 2022.

"LyondellBasell established new records for cash generation in 2021 and we have a strong outlook for our company. Capital returns have always been an important component of LyondellBasell's value proposition for shareholders. 2022 will mark our 12th consecutive year of regular dividend growth.  The combination of today's special and quarterly dividends returns $2.1 billion to shareholders.  As the incoming CEO, I would like to make it very clear that I support the continuation of our balanced and disciplined capital allocation strategy with both dividends and share repurchases playing a central role," said Peter Vanacker, CEO of LyondellBasell.

LyondellBasell Industries is a plastics, chemicals and refining company. Its chemicals businesses consist of large processing plants that convert large volumes of liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals. The company's refining business consists of its Houston refinery, which processes crude oil into refined products such as gasoline, diesel and jet fuel. Lyondell also develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts. The company's six reportable segments are: Olefins and Polyolefins—Americas, Olefins and Polyolefins—Europe, Asia, International, Intermediates and Derivatives, Advanced Polymer Solutions, Refining and Technology. LyondellBasell Industries N.V. was incorporated in the Netherlands in 2009 and became a public company in 2010. A dividend has been paid every year since 2011.

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Ex-date Ticker Yield YTD hike
Dec 09 DVN 0.7% 0.0%
Dec 09 VFC 6.9% 0.0%
Dec 09 FDX 2.7% 53.3%
Dec 09 OXY 0.1% 1200.0%
Dec 12 BBY 4.3% 25.7%
Dec 13 LRCX 1.6% 15.0%
Dec 13 PHM 1.3% 0.0%
Dec 13 HPE 3.0% 0.0%
Dec 13 PSA 2.7% 0.0%
Dec 13 HCA 0.9% 16.7%