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Uncovering Dividend Opportunities with NYSE:LYB.

By Mill Chart

Last update: Oct 17, 2023

Consider LYONDELLBASELL INDU-CL A (NYSE:LYB) as a top pick for dividend investors, identified by our stock screening tool. NYSE:LYB shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

Dividend Analysis for NYSE:LYB

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:LYB was assigned a score of 7 for dividend:

  • With a Yearly Dividend Yield of 5.41%, LYB is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.84, LYB pays a better dividend. On top of this LYB pays more dividend than 88.37% of the companies listed in the same industry.
  • LYB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.72.
  • The dividend of LYB is nicely growing with an annual growth rate of 22.84%!
  • LYB has paid a dividend for at least 10 years, which is a reliable track record.
  • As LYB did not decrease their dividend in the past 5 years, we can say the dividend looks stable.

Health Insights: NYSE:LYB

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:LYB has achieved a 5 out of 10:

  • LYB has a Altman-Z score of 2.78. This is in the better half of the industry: LYB outperforms 68.60% of its industry peers.
  • LYB has a debt to FCF ratio of 3.60. This is a good value and a sign of high solvency as LYB would need 3.60 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.60, LYB is in the better half of the industry, outperforming 74.42% of the companies in the same industry.

How do we evaluate the Profitability for NYSE:LYB?

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:LYB has achieved a 5:

  • The Return On Assets of LYB (5.73%) is better than 62.79% of its industry peers.
  • Looking at the Return On Equity, with a value of 16.26%, LYB is in the better half of the industry, outperforming 73.26% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 9.03%, LYB is in the better half of the industry, outperforming 69.77% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for LYB is significantly above the industry average of 8.10%.
  • The last Return On Invested Capital (9.03%) for LYB is well below the 3 year average (13.43%), which needs to be investigated, but indicates that LYB had better years and this may not be a problem.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of LYB contains the most current fundamental analsysis.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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