Cash FlowFree cash flow remains strong, comfortably covering dividends and capex, standing out versus peers in the current macro environment.
DividendsManagement exuded confidence around the financial health of the company and underscored its intention to keep increasing dividends as it has done through past ups and downs.
Financial HealthLyondellBasell is in a relatively good position with cash on hand, manageable leverage, and capex needs despite entering a downturn phase.