LyondellBasell Industries NV (NYSE:LYB) will begin trading ex-dividend on November 27, 2020. The quarterly dividend payment of $ 1.05 per share is scheduled to be paid on December 7, 2020. The dividend yield based on the latest trading day closing price was 5.11 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 27, 2020.
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LyondellBasell Industries NV recently reported third quarter financial results on October 30, 2020, before market open, the London based company announced income for the third quarter of $ 1.27 per share, from the revenue of $ 6,776.00 million. The quarterly earnings dropped 51.15 percent while revenues contracted 22.31 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.12 per share from $ 6726.48 million in revenue. The bottom line results beat street analysts by $ 0.15 or 13.39 percent, at the same time, top line results outshined analysts by $ 49.52 million or 0.74 percent.
Shares of LyondellBasell Industries NV traded up $ 0.03 or 0.04 percent on Thursday, reaching $ 82.23 with volume of 2.20 million shares. LyondellBasell Industries NV has traded high as $ 82.26 and has cracked $ 80.12 on the downward trend
According to the previous trading day, closing price of $ 82.23, representing a 143.84 % increase from the 52 week low of $ 33.71 and a 14.21 % decrease over the 52 week high of $ 95.82.
The company has a market capital of $ 27.46 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
LyondellBasell Industries N.V. operates as a chemical company worldwide. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.