Analyzing NYSE:LYB's Dividend Potential.

LYONDELLBASELL INDU-CL A (NYSE:LYB) has caught the attention of dividend investors as a stock worth considering. NYSE:LYB excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.

Understanding NYSE:LYB's Dividend Score

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:LYB earns a 7 out of 10:

• With a Yearly Dividend Yield of 4.90%, LYB is a good candidate for dividend investing.
• LYB's Dividend Yield is rather good when compared to the industry average which is at 3.34. LYB pays more dividend than 90.48% of the companies in the same industry.
• LYB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
• LYB has been paying a dividend for at least 10 years, so it has a reliable track record.
• The dividend of LYB is growing, but earnings are growing more, so the dividend growth is sustainable.

Understanding NYSE:LYB's Health Score

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:LYB has received a 6 out of 10:

• LYB has a better Altman-Z score (2.82) than 75.00% of its industry peers.
• LYB has a debt to FCF ratio of 3.29. This is a good value and a sign of high solvency as LYB would need 3.29 years to pay back of all of its debts.
• The Debt to FCF ratio of LYB (3.29) is better than 82.14% of its industry peers.

Profitability Analysis for NYSE:LYB

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:LYB has earned a 6 out of 10:

• Looking at the Return On Assets, with a value of 5.70%, LYB is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
• LYB has a better Return On Equity (16.31%) than 77.38% of its industry peers.
• With an excellent Return On Invested Capital value of 9.68%, LYB belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
• LYB had an Average Return On Invested Capital over the past 3 years of 14.60%. This is significantly above the industry average of 7.50%.
• The last Return On Invested Capital (9.68%) for LYB is well below the 3 year average (14.60%), which needs to be investigated, but indicates that LYB had better years and this may not be a problem.

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

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.