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Stock impact report

This 7.4%-Yielding Dividend Stock Now Has the Highest Yield in the S&P 500. Can It Satisfy Your Hunger for Income? [Yahoo! Finance]

LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB) 
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: lyondellbasell.com/en/investors
Company Research Source: Yahoo! Finance
Chemicals giant LyondellBasell recently slashed its dividend in half. As a result, it lost its crown as the highest-yielding dividend stock in the S&P 500 . Taking its place at the top is Conagra (NYSE: CAG) with its 7.4%-yielding payout. Here's a look at whether the high-yielding food stock can do a better job satisfying investors' hunger for sustainable dividend income than its predecessor. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Why the high yield? More often than not, there's a reason a company has a high dividend yield. In Conagra's case, inflation has been eating into demand for its food products. The maker of Marie Callender's, Healthy Choice, and other packaged food brands has experienced declining sales and profit margins as consumers switch to cheaper generic Show less Read more
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