IHS Chemical Week

Markets :: Plastics :: Polyethylene

LyondellBasell Increases Dividend

9:23 AM MDT | May 11, 2012 | Lindsay Frost

LyondellBasell is increasing its dividend by 60%, effective June 11, to shareholders on record as of May 21. The 40 cts/share payments are subject to approval by the management board, expected by May 21. The first quarter dividends were paid at 25 cts/share. "The 60% dividend increase reflects our significant operational and commercial improvements over the past two years coupled with our most recent debt restructurings,” says Karyn Ovelmen, LyondellBasell executive v.p. and CFO. “The refinancing of our debt, significant reduction in interests...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa