LyondellBasell Industries NV Class A

LYB: XNYS (USA)
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LyondellBasell Earnings: LyondellBasell Faces the Music; Shares Look Undervalued

LyondellBasell shares rallied 4% on Feb. 20, following an announcement that the firm plans to cut the quarterly dividend by roughly half from $1.37 per share to $0.69. At the new rate, shareholders should receive $2.76 per share annually.

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