Dow and LyondellBasell cut their dividends due to challenges in petrochemicals, aligning payouts with cash flow to maintain financial health. Dow halved its dividend to $1.40 annually, now well-covered by free cash flow, while LyondellBasell reduced its payout to $2.76 yearly amid uneven cash flow and operational disruptions. In contrast, Air Products, operating in industrial gases with stable long-term contracts, continued raising its dividend to $7.24 annually, supported by strong cash flow and growth in electronics projects. Income investors should watch how Dow and LyondellBasell manage cash flow amid market pressures and how Air Products sustains its payout ratio as new projects develop.
Dow trades at USD 29.87 with a dividend yield of 4.72%, while LyondellBasell is priced at USD 64.02 and shows a 4.4% dividend yield on Pluang. Air Products, trading at USD 297.52, offers a lower dividend yield of 2.44%. These figures reflect investor positioning as of Oct 17, 2026 02:31 WIB.
