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Exploring NYSE:LYB's dividend characteristics.

By Mill Chart

Last update: Nov 8, 2023

Discover LYONDELLBASELL INDU-CL A (NYSE:LYB)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NYSE:LYB showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.

How do we evaluate the Dividend for NYSE:LYB?

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:LYB has been assigned a 7 for dividend:

  • LYB has a Yearly Dividend Yield of 5.44%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.91, LYB pays a better dividend. On top of this LYB pays more dividend than 89.53% of the companies listed in the same industry.
  • LYB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.69.
  • The dividend of LYB is nicely growing with an annual growth rate of 22.84%!
  • LYB has paid a dividend for at least 10 years, which is a reliable track record.
  • LYB has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.

Health Insights: NYSE:LYB

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:LYB, the assigned 6 for health provides valuable insights:

  • With a decent Altman-Z score value of 2.76, LYB is doing good in the industry, outperforming 72.09% of the companies in the same industry.
  • The Debt to FCF ratio of LYB is 3.15, which is a good value as it means it would take LYB, 3.15 years of fcf income to pay off all of its debts.
  • LYB has a Debt to FCF ratio of 3.15. This is amongst the best in the industry. LYB outperforms 80.23% of its industry peers.

Profitability Examination for NYSE:LYB

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:LYB, the assigned 5 is noteworthy for profitability:

  • LYB's Return On Assets of 6.17% is fine compared to the rest of the industry. LYB outperforms 69.77% of its industry peers.
  • LYB has a Return On Equity of 17.24%. This is in the better half of the industry: LYB outperforms 75.58% of its industry peers.
  • LYB's Return On Invested Capital of 9.60% is fine compared to the rest of the industry. LYB outperforms 75.58% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for LYB is significantly above the industry average of 8.01%.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of LYB contains the most current fundamental analsysis.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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LYONDELLBASELL INDU-CL A

NYSE:LYB (4/18/2024, 7:06:30 PM)

After market: 99.4 0 (0%)

99.4

-0.3 (-0.3%)

LYB News

News Image7 days ago - LyondellBasellLyondellBasell to Discuss First Quarter Results on Friday, April 26, 2024

/PRNewswire/ -- LyondellBasell, a leader in the global chemical industry, will announce its first-quarter 2024 financial results before the U.S. market opens...

News Image10 days ago - ChartmillWhy NYSE:LYB provides a good dividend, while having solid fundamentals.

Is LYONDELLBASELL INDU-CL A (NYSE:LYB) a Good Fit for Dividend Investing?

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/PRNewswire/ -- LyondellBasell (NYSE: LYB) ha pubblicato oggi il suo rapporto annuale di sostenibilità, dal titolo "Everyday Sustainability". Il documento...

News Image10 days ago - LyondellBasell IndustriesLyondellBasell demuestra avances hacia el liderazgo de la industria en el informe de sostenibilidad de 2023

/PRNewswire/ -- LyondellBasell (NYSE: LYB) publicó hoy su informe anual de sostenibilidad titulado Everyday Sustainability. La publicación ofrece una revisión...

News Image10 days ago - LyondellBasell IndustriesLyondellBasell demonstriert Fortschritte auf dem Weg zur Branchenführerschaft im Nachhaltigkeitsbericht 2023

/PRNewswire/ -- LyondellBasell (NYSE: LYB) hat heute seinen neuesten Nachhaltigkeitsbericht „Everyday Sustainability" (Nachhaltigkeit im Alltag) veröffentlicht....

News Image10 days ago - LyondellBasell IndustriesLyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report

/PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability. The publication offers an in-depth...

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/PRNewswire/ -- LyondellBasell (NYSE: LYB) heeft vandaag zijn jaarlijkse duurzaamheidsrapport gepubliceerd, getiteld Everyday Sustainability. De publicatie...

News Image10 days ago - LyondellBasell IndustriesLyondellBasell démontre des progrès vers le leadership industriel dans son rapport de développement durable 2023.

/PRNewswire/ -- LyondellBasell (NYSE : LYB) a publié aujourd'hui son rapport annuel de développement durable intitulé Everyday Sustainability. Cette...

News Image10 days ago - LyondellBasell IndustriesLyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report

/CNW/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability. The publication offers an in-depth review...

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