Netherlands-based LyondellBasell to start paying 10-cent dividend

05 May 2011 17:05  [Source: ICIS news]

HOUSTON (ICIS)--The Netherlands-based LyondellBasell will start paying shareholders a dividend of 10 cents/share, its first since emerging from Chapter 11 bankruptcy protection, the company said on Thursday.

The dividend will be payable on 26 May to shareholders of record as of Thursday, the company which specialises in petrochemicals, polymers and fuels, said.

LyondellBasell emerged from Chapter 11 bankruptcy protection in April 2010.

By: Al Greenwood
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