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

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".