LyondellBasell cuts dividend by 50%, yield now 3.85%, raising questions for income investors.

LyondellBasell recently reduced its dividend by 50%, lowering the yield to 3.85%. While the company's operating momentum has improved due to supply chain disruptions in the Middle East, the reduced dividend yield may not appeal to long-term income-focused investors. The dividend is now considered sustainable, but the cut signals a shift in the company's income strategy. Investors should weigh the improved operations against the lower income return when considering LyondellBasell.