LyondellBasell Industries (LYB): A Resilient Choice Among Safest High Dividend Stocks

LyondellBasell Industries N.V. (NYSE:LYB) is included among the 10 Safest High Dividend Stocks to Buy Now.

LyondellBasell Industries N.V. (NYSE:LYB) is a leading global producer of chemicals, plastics, and polymers that are used in everything from packaging and automotive components to construction materials. With major production facilities in North America and Europe, the company’s core operations center on olefins and polyolefins, which serve as key ingredients in plastic products, along with advanced polymer solutions and intermediates for manufacturing.

LyondellBasell Industries N.V. (NYSE:LYB)’s strategy is centered on growing its Circular and Low Carbon Solutions line, reshaping its portfolio, improving efficiency and cost management, and fully exiting the refining business. These initiatives are designed to address shifting market dynamics as well as rising sustainability regulations. Management highlights strict cost control, innovation in recycling and sustainable products, and disciplined capital investment as central to driving future results.

LyondellBasell Industries N.V. (NYSE:LYB) currently pays a quarterly dividend of $1.37 per share, having raised it by 2.2% in May. This was the company’s 15th consecutive year of dividend growth. The stock supports a dividend yield of 10.54%, as of September 20.

While we acknowledge the potential of LYB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.