LyondellBasell produces polypropylene, which is used to make plastic car parts, packaging, and consumer products. It also produces ethylene and polyethylene. These are used in a wide variety of things from PVC pipes and plastic siding to medical devices and prosthetics.
Income Investor
A company’s share price is not necessarily its value. LyondellBasell is confident enough about the future to have increased its dividend by 2.2% with the June payment. The $5.48 annual payment yields a high 11.2% at current prices. It is the 15th consecutive year of increase. - Adam Mayers
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LYB was first recommended here on February 13, 2025