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This Cheap Basic Materials Stock Pays a Monster Dividend

This Cheap Basic Materials Stock Pays a Monster Dividend

Shares of chemical giant LyondellBasell Industries (NYSE: LYB) have held up better than the broader market year to date, but the stock has been hit with a handful of recent analyst downgrades and is now down 11%. Let's examine why LyondellBasell looks like a compelling investment opportunity as it navigates the headwinds. LyondellBasell is a major producer and refiner of plastic resins and other chemicals.