LyondellBasell Industries's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
LyondellBasell Industries (NYSE:LYB) announced a quarterly dividend of $1.25 per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the dividend, payable on March 11, 2024. The stock is expected to open $1.25 lower on the ex-dividend date.
February 27, 2024 | 2:45 pm
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LyondellBasell Industries announces a quarterly dividend of $1.25 per share, with the ex-dividend date this Friday. The stock is expected to open $1.25 lower on the ex-dividend date.
The stock is expected to open lower on the ex-dividend date to reflect the dividend payout, which is a common occurrence. This adjustment is typically short-lived and reflects the immediate financial impact of the dividend distribution.
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