LyondellBasell Stock To Go Ex-dividend Tomorrow (LYB)

NEW YORK ( TheStreet) -- The ex-dividend date for LyondellBasell Industries (NYSE: LYB) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $86.18 as of 9:50 a.m. ET, the dividend yield is 2.8%.

The average volume for LyondellBasell has been 3.5 million shares per day over the past 30 days. LyondellBasell has a market cap of $46.99 billion and is part of the basic materials sector and chemicals industry. Shares are up 7.5% year to date as of the close of trading on Tuesday.

LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers.

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TheStreet Ratings rates LyondellBasell as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full LyondellBasell Ratings Report.

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