LyondellBassell: Dividend Investors Proceed With Caution, High Probability Of A Dividend Cut

LyondellBasell faces significant cash flow deterioration and rising payout ratios, putting its high dividend at risk despite management's stated commitment. Recent earnings missed expectations, with EPS down over 70% year-over-year and sales sharply lower due to persistent industry headwinds and rising costs. Management is reducing CAPEX and share buybacks to preserve cash, but macro uncertainty and potential tariffs could force a dividend cut within 6-12 months.