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Share Name | Share Symbol | Market | Type |
---|---|---|---|
LyondellBasell Industries NV | NYSE:LYB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.34 | 0.34% | 99.12 | 99.77 | 98.90 | 99.09 | 1,506,978 | 01:00:00 |
By Colin Kellaher
LyondellBasell Industries N.V. (LYB) on Friday said its board raised the quarterly dividend by 5% to $1.05 from $1.00.
The new payout, equal to $4.20 a year, represents an annual yield of about 5.43% based on Thursday's closing price of $77.41, up from about 5.17%.
The plastics and refining company also said its shareholders approved the repurchase of up to 10% of its roughly 370 million shares outstanding over the next 18 months.
LyondellBasell said the increased dividend is payable June 17 to shareholders of record June 10.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 31, 2019 07:02 ET (11:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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