This Cheap Basic Materials Stock Pays a Monster Dividend
Shares of chemical giant LyondellBasell Industries (NYSE: LYB) have held up better than the broader market year to date, but the stock has been hit with a handful of recent analyst downgrades and is now down 11%. Let's examine why LyondellBasell looks like a compelling investment opportunity as it navigates the headwinds. LyondellBasell is a major producer and refiner of plastic resins and other chemicals.