LyondellBasell Stock To Go Ex-dividend Tomorrow (LYB)
The ex-dividend date for LyondellBasell Industries (NYSE:LYB) is tomorrow, February 21, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $61.14 as of 9:31 a.m., the dividend yield is 2.6%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for LyondellBasell Industries (NYSE: LYB) is tomorrow, February 21, 2013. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $61.14 as of 9:31 a.m. ET, the dividend yield is 2.6%. The average volume for LyondellBasell has been 4.1 million shares per day over the past 30 days. LyondellBasell has a market cap of $34.75 billion and is part of the basic materials sector and chemicals industry. Shares are up 5.8% year to date as of the close of trading on Tuesday. LyondellBasell Industries N.V. manufacturers and sells chemicals and polymers, refines crude oil, produces gasoline blending components, and develops and licenses technologies for the production of polymers. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates LyondellBasell as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full LyondellBasell Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.