LyondellBasell (LYB) declared a quarterly dividend of USD 0.69/shr (prev. USD 1.37/shr); "markets expected to remain challenged"

LyondellBasell's dividend cut signals a strategic pivot in response to ongoing market challenges.

Newsquawk StaffPublished 20 Feb 2026, 11:53 UTCOn the live feed at 11:33 UTC — 5 more headlines followed before this page went public

Newsquawk headlinesUTC

11:39

Diplomats says US President Trump's deadline for Iran may be shorter than 10-15 days, Al Hadath reports citing CBS

11:37

Blue Owl (OWL) reportedly failed to secure financing for a USD 4bln data centre project in Pennsylvania, according to BusinessInsider; one lender said the lack of interest was due to CoreWeave's (CRWV) creditworthiness

11:33

LyondellBasell (LYB) declared a quarterly dividend of USD 0.69/shr (prev. USD 1.37/shr); "markets expected to remain challenged"

11:32

RBI Minutes: Chief Malhotra said that given the present state of the economy and its outlook, the current policy rate is appropriate

11:30

Indian Foreign Exchange Reserves (Feb/13) 725.73 (Prev. 717.06, Rev. From 717.06)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

CEO:

"With markets expected to remain challenged, we have made the decision to recalibrate the dividend to better position the company to thrive once markets recover".
"We remain committed to our target of returning 70% of free cash flow to shareholders through the cycle".

Context

The significant reduction from $1.37 to $0.69 per share indicates management's cautious outlook on profitability and cash flow, potentially impacting investor sentiment and leading to further scrutiny of the company's resilience in a difficult environment.

FX · last 90 days

Recent headlines that moved markets

FX/28 Aug · 14:00 UTC

Fed Chair Warsh says Fed has more work to do unless confident underlying inflation is moving towards 2% objective

DXY, after we published+0.5%

DXY saw two-way action, before then moving to a high. - Immediately after the release, Fed market pricing moved to price in a 50% chance of a hike in September vs 36% pre-release.

FX/3 Sept · 06:30 UTC

Swiss CPI (Aug YY) 0.8% vs. Exp. 0.5% (Prev. 0.4%)

Market, after we published−0.3%

FX/2 Sept · 13:45 UTC

BoC holds rates as expected as 2.25%

USD/CAD, after we published−0.3%

FX/19 Aug · 12:33 UTC

US Treasury is increasing by at least double the size of liquidity support buyback operations for longer-dated nominal coupon securities, from the current USD 2bln to at least USD 4bln. As of September 9th.

DXY, after we published−0.2%

FX/18 Aug · 06:00 UTC

UK Unemployment Rate (Jun) 4.9% vs. Exp. 4.8% (Prev. 4.9%)

GBP/USD, after we published−0.1%

FX/12 Aug · 12:30 UTC

US Core CPI (Jul MM) 0.2% vs. Exp. 0.2% (Prev. 0.0%)

DXY, after we published−0.2%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.