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LyondellBasell's Dividend Is A Head-Turner

For many investors, it's difficult to get comfortable with investments that are tied to the volatile chemical and refining end markets. After all, these types of companies are merely spread businesses that operate at the whim of a supply-demand balance, which varies significantly through the course of the economic cycle. However, LyondellBasell (NYSE:LYB) is quite unique in that its economic returns are consistently solid, and its free cash flow consistently robust. The latter gives it one of the strongest Dividend Cushion ratios for the size of its annual yield, ~3.5% at present. We think dividend growth investors should keep the company on their…