LyondellBasell Slashes Dividend in Half. The Stock Is Falling.

Commodity chemical maker LyondellBasell said it would “recalibrate” its dividend, declaring a quarterly payout of 69 cents a share—essentially half of the prior $1.37 payout. “Despite one of the longest downturns in our industry, LyondellBasell was able to return approximately $2 billion to our shareholders from existing cash and operations in 2025,” said CEO Peter Vanacker in a news release. LyondellBasell stock was down 3.1% in premarket trading at $53.62, while and futures were down 0.3% and 0.2%, respectively.