LyondellBasell boosts quarterly dividend 60%
LyondellBasell Industries NV boosted its quarterly dividend 60% to 40 cents a share, in a bid to signal its operational strength and progress in debt restructuring.
LyondellBasell said late on Thursday that it plans to raise $3.25 billion in debt, including an offering of senior secured notes, as the chemical company charts its course to emerge out of bankruptcy.