Reminder – LyondellBasell Industries (LYB) Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 6/3/22, LyondellBasell Industries NV (Symbol: LYB) will trade ex-dividend, for its quarterly dividend of $1.19, payable on 6/13/22. As a percentage of LYB’s recent stock price of $115.18, this dividend works out to approximately 1.03%, so look for shares of LyondellBasell Industries NV to trade 1.03% lower — all else being equal — when LYB shares open for trading on 6/3/22.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LYB is likely to continue, and whether the current estimated yield of 4.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LYB shares, versus its 200 day moving average:
Looking at the chart above, LYB’s low point in its 52 week range is $84.17 per share, with $118.015 as the 52 week high point — that compares with a last trade of $114.80.
In Wednesday trading, LyondellBasell Industries NV shares are currently up about 0.8% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.