In today’s briefing:
- LyondellBasell: Looking For Safety And High Dividends In 2023
LyondellBasell: Looking For Safety And High Dividends In 2023
- LyondellBasell has become a business worth considering for anyone looking for relatively safe and high dividend yield in 2023.
- Lower margins in key segments are largely priced-in as management prepares to reduce capacity.
- Strong cash flow positioning and recent deleveraging efforts have significantly reduced risks related to future dividend payouts.
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