LyondellBasell Industries NV Dividends
The next dividend date for LyondellBasell Industries NV has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for LyondellBasell Industries NV (LYB)
More About LyondellBasell Industries NV
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and Polyolefins"Americas; Olefins and Polyolefins"Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products, such as ethylene, aromatics, propylene and butadiene; polyolefins; polyethylene; and polypropylene homopolymers and copolymers; and propylene oxide and derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomer, acetyls, and ethylene oxide. The company also produces and markets compounding and solutions, including polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors and powders, and advanced polymers, such as catalloy and polybutene-1; and refines heavy, high-sulfur crude oil and other crude oils, as well as refined products, including gasoline and distillates. In addition, it develops and licenses chemical and polyolefin process technologies; manufactures and sells polyolefin catalysts; and serves food packaging, home furnishings, automotive components, and paints and coatings applications. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas.
Owning LyondellBasell Industries NV Stock on the Dividend Date
If you own LyondellBasell Industries NV stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of LyondellBasell Industries NV stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of LyondellBasell Industries NV stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying LyondellBasell Industries NV stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the LyondellBasell Industries NV dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More LyondellBasell Industries NV Dividends
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