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Exploring NYSE:LYB's dividend characteristics.

By Mill Chart

Last update: Dec 22, 2023

Our stock screener has singled out LYONDELLBASELL INDU-CL A (NYSE:LYB) as a promising choice for dividend investors. NYSE:LYB not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

What does the Dividend looks like for NYSE:LYB

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:LYB has been awarded a 7 for its dividend quality:

  • LYB has a Yearly Dividend Yield of 5.29%, which is a nice return.
  • LYB's Dividend Yield is rather good when compared to the industry average which is at 3.82. LYB pays more dividend than 90.36% of the companies in the same industry.
  • LYB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
  • The dividend of LYB is nicely growing with an annual growth rate of 22.81%!
  • LYB has been paying a dividend for at least 10 years, so it has a reliable track record.
  • LYB has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.

Assessing Health for NYSE:LYB

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:LYB scores a 6 out of 10:

  • LYB has a Altman-Z score of 2.81. This is in the better half of the industry: LYB outperforms 73.49% 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's Debt to FCF ratio of 3.15 is amongst the best of the industry. LYB outperforms 83.13% of its industry peers.

Assessing Profitability for NYSE:LYB

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:LYB has earned a 5 out of 10:

  • Looking at the Return On Assets, with a value of 6.17%, LYB is in the better half of the industry, outperforming 68.67% of the companies in the same industry.
  • LYB has a Return On Equity of 17.24%. This is in the better half of the industry: LYB outperforms 77.11% of its industry peers.
  • The Return On Invested Capital of LYB (9.60%) is better than 77.11% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for LYB is significantly above the industry average of 8.12%.

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

Check the latest full fundamental report of LYB for a complete fundamental analysis.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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LYONDELLBASELL INDU-CL A

NYSE:LYB (5/30/2024, 8:37:06 AM)

97.44

+0.62 (+0.64%)

LYB News

News Imagean hour ago - LyondellBasellLYB Expands Core PP Business with 35% Stake in NATPET from Alujain in Saudi Arabia

/PRNewswire/ -- LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–based...

News Imagean hour ago - LyondellBasellLYB Expands Core PP Business with 35% Stake in NATPET from Alujain in Saudi Arabia

/CNW/ -- LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–based National...

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 Image22 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...

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