LyondellBasell Industries N.V. continues to face significant financial challenges as it recently halved its quarterly dividend to $0.69 per share, losing its title as the highest-yielding dividend stock in the S&P 500. This reduction comes alongside a reported net loss of $745 million for 2025 and a projected 9% decline in annual revenue through 2028. The company's stock price has sharply fallen by 40%, prompting concerns about its viability in maintaining previous dividend levels amid decreasing sales and increased operating costs. Despite these struggles, analysts from BMO Capital have raised the stock's price target to $38 as LyondellBasell aims to pursue sustainability goals and improve cash flows through an enhanced cash improvement plan.
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