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LyondellBasell Slashes Dividend Amid Market Challenges

2/20/2026

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Summary

Story summary

LyondellBasell Industries NV cut its fourth-quarter dividend to 69 cents per share from 1.37, reflecting ongoing market challenges.
The dividend will be paid on March 9, 2026, with a record date of March 2, 2026.
Following the announcement, shares initially fell 12% before gaining 1.2% in premarket trading.
Analysts estimate revenue at $7.28 billion, down from $7.68 billion, and rate the stock as Hold with a $55.14 target.

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Story summary

LyondellBasell Industries NV cut its fourth-quarter dividend to 69 cents per share from 1.37, reflecting ongoing market challenges.
The dividend will be paid on March 9, 2026, with a record date of March 2, 2026.
Following the announcement, shares initially fell 12% before gaining 1.2% in premarket trading.
Analysts estimate revenue at $7.28 billion, down from $7.68 billion, and rate the stock as Hold with a $55.14 target.