LYB Stock Recent News

LyondellBasell Industries N.V. LYB reported better-than-expected fourth-quarter 2024 sales on Friday.

LyondellBasell presents a bargain-priced investment, paying 7% QDI dividends. Despite cyclical headwinds, LYB offers strong long-term income potential with its strategic changes around less profitable segments. LYB has a history of sustainable, growing dividends, making it a reliable income source for retirees.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.67%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

LyondellBasell Industries N.V. (NYSE:LYB ) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants David Kinney - Head of Investor Relations Peter Vanacker - Chief Executive Officer Michael McMurray - Executive Vice President and Chief Financial Officer Agustin Izquierdo - Incoming Chief Financial Officer Kim Foley - Executive Vice President of Global Olefins & Polyolefins and Refining Aaron Ledet - Executive Vice President of Intermediates & Derivatives and Supply Chain Torkel Rhenman - Executive Vice President of Advanced Polymer Solutions Conference Call Participants Steve Byrne - Bank of America Merrill Lynch Patrick Cunningham - Citigroup Inc. Christopher Perrella - UBS Jeffrey Zekauskas - JPMorgan Chase & Co. Vincent Andrews - Morgan Stanley Frank Mitsch - Fermium Research Kevin McCarthy - Vertical Research Partners Operator Hello, and welcome to the LyondellBasell Teleconference.

LYB's businesses delivers strong cash performance amid difficult market conditions in Q4.

The headline numbers for LyondellBasell (LYB) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

LyondellBasell (LYB) came out with quarterly earnings of $0.75 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.26 per share a year ago.

HOUSTON and LONDON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE: LYB) today announced results for the fourth quarter 2024 and full year 2024. Comparisons with the prior quarter, fourth quarter 2023 and full year 2023 are available in the following table:

In trading on Thursday, shares of LyondellBasell Industries were yielding above the 7% mark based on its quarterly dividend (annualized to $5.36), with the stock changing hands as low as $74.35 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

Softer demand across most businesses is expected to have weighed on LYB's fourth-quarter performance.