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Exploring NYSE:LYB's dividend characteristics.

By Mill Chart

Last update: Nov 30, 2023

Our stock screener has spotted LYONDELLBASELL INDU-CL A (NYSE:LYB) as a good dividend stock with solid fundamentals. NYSE:LYB shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

Dividend Analysis for NYSE:LYB

ChartMill assigns a Dividend Rating to every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NYSE:LYB scores a 7 out of 10:

  • With a Yearly Dividend Yield of 5.27%, LYB is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.89, LYB pays a better dividend. On top of this LYB pays more dividend than 89.29% 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 2.63.
  • On average, the dividend of LYB grows each year by 22.81%, which is quite nice.
  • 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.

Evaluating Health: NYSE:LYB

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:LYB, the assigned 6 reflects its health status:

  • The Altman-Z score of LYB (2.79) is better than 73.81% of its industry peers.
  • 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 better Debt to FCF ratio (3.15) than 83.33% of its industry peers.

Understanding NYSE:LYB's Profitability

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:LYB scores a 5 out of 10:

  • LYB has a Return On Assets of 6.17%. This is in the better half of the industry: LYB outperforms 67.86% of its industry peers.
  • The Return On Equity of LYB (17.24%) is better than 77.38% of its industry peers.
  • With a decent Return On Invested Capital value of 9.60%, LYB is doing good in the industry, outperforming 77.38% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for LYB is significantly above the industry average of 7.81%.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

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

Keep in mind

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 (5/29/2024, 7:16:05 PM)

After market: 97 +0.18 (+0.19%)

96.82

-1.89 (-1.91%)

LYB News

News Image6 days ago - LyondellBasellLYB Announces 7 Percent Increase to Quarterly Dividend

/PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its board of directors has declared a quarterly dividend of $1.34 per share, representing a 7...

News Image13 days ago - LyondellBasellLyondellBasell fügt neues Vertriebszentrum in Südosteuropa hinzu, um das Kundenerlebnis zu verbessern

/PRNewswire/ -- LyondellBasell, ein weltweit führendes Unternehmen der chemischen Industrie, gibt voller Stolz die Einrichtung eines neuen Vertriebszentrums in...

News Image13 days ago - LyondellBasellLyondellBasell ajoute un nouveau centre de distribution en Europe du Sud-Est pour améliorer l'expérience client

/PRNewswire/ -- LyondellBasell, un leader mondial de l'industrie chimique, est fier d'annoncer l'établissement d'un nouveau centre de distribution en Hongrie...

News Image14 days ago - LyondellBasellLyondellBasell agrega un nuevo centro de distribución en el sudeste de Europa

/PRNewswire/ -- LyondellBasell, líder mundial en la industria química, se enorgullece de anunciar el establecimiento de un nuevo centro de distribución en...

News Image14 days ago - LyondellBasellLyondellBasell Adds New South East European Distribution Hub for Improved Customer Experience

/PRNewswire/ -- LyondellBasell, a global leader in the chemical industry, is proud to announce the establishment of a new distribution hub in Hungary for its...

News Image14 days ago - LyondellBasellLyondellBasell Adds New South East European Distribution Hub for Improved Customer Experience

/CNW/ -- LyondellBasell, a global leader in the chemical industry, is proud to announce the establishment of a new distribution hub in Hungary for its...

News Image21 days ago - LyondellBasellLyondellBasell évalue ses options stratégiques pour les actifs européens

/PRNewswire/ -- LyondellBasell a annoncé aujourd'hui le lancement officiel d'un examen stratégique des actifs européens de ses unités commerciales Oléfines et...

News Image21 days ago - LyondellBasellLyondellBasell valuta le opzioni strategiche per le attività europee

/PRNewswire/ -- LyondellBasell ha annunciato oggi il lancio formale di una revisione strategica delle attività europee delle sue business unit Olefins &...

News Image22 days ago - LyondellBasellLyondellBasell bekijkt strategische opties voor Europese activa

/PRNewswire/ -- LyondellBasell kondigde vandaag aan dat er een start is gemaakt met de strategische beoordeling van de Europese activa van zijn business units...

News Image22 days ago - LyondellBasellLyondellBasell erwägt strategische Optionen für europäische Vermögenswerte

/PRNewswire/ -- LyondellBasell gab heute den formellen Beginn einer strategischen Überprüfung der europäischen Vermögenswerte seiner Geschäftsbereiche Olefins...

News Image22 days ago - LyondellBasellLyondellBasell sopesa opciones estratégicas para los activos europeos

/PRNewswire/ -- LyondellBasell ha anunciado hoy el lanzamiento formal de una revisión estratégica de los activos europeos de sus unidades de negocio Olefinas y...

News Image22 days ago - LyondellBasellLyondellBasell Weighs Strategic Options for European Assets

/PRNewswire/ -- LyondellBasell today announced the formal launch of a strategic review of the European assets of its Olefins & Polyolefins and Intermediates &...

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