LYB Stock

LyondellBasell is an attractive investment option, offering 7% QDI dividends at a low price. Even with some challenges in the market, LYB shows good long-term income potential due to its strategic adjustments in less profitable areas. With a track record of steady and increasing dividends, LYB is a dependable income source for retirees.

On Thursday, Altria took the top spot for dividends in the index after Walgreens Boots Alliance announced it would stop its payouts to strengthen its finances. Although Altria has a high dividend payout ratio of around 80%, which is more than double that of the S&P 500, the company is committed to its dividends and raised them for the 59th time in 55 years last August. Altria stands out as a leader among S&P dividend aristocrats.

LyondellBasell Industries N.V. (NYSE:LYB) will hold its Q4 2024 Earnings Conference Call on January 31, 2025, at 11:00 AM ET. The call will feature key company leaders, including the CEO and CFO, as well as analysts from various financial institutions. The operator will now begin the teleconference.

LYB's operations showed solid cash performance despite challenging market conditions in the fourth quarter.

LyondellBasell (LYB) reported quarterly earnings of $0.75 per share, matching the Zacks Consensus Estimate. This is a decrease from earnings of $1.26 per share from the same period last year.

HOUSTON and LONDON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE: LYB) has released its results for the fourth quarter and the entire year of 2024. You can find comparisons with the previous quarter, the fourth quarter of 2023, and the full year of 2023 in the table below.

We anticipate that lower demand in many industries will likely impact LYB's performance in the fourth quarter.

The advantages of dividend stocks can be overlooked in a booming market. Dividends allow investors to earn returns without having to sell their shares, which is useful when stock prices are declining. Companies like Coca-Cola, Unilever, and LyondellBasell offer attractive dividend yields.

HOUSTON and LONDON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a major player in the global chemical sector, will release its financial results for the fourth quarter of 2024 before the U.S. market opens on Friday, January 31. A webcast and teleconference to discuss these results will take place at 11 a.m. EST, hosted by David Kinney, the head of investor relations. You can access the webcast 10 to 15 minutes before the call starts at www.lyondellbasell.com/earnings.