LYB vs MLM: Dividend Yield, Growth & Safety Comparison
LyondellBasell Industries N.V. (LYB) and Martin Marietta Materials Inc (MLM) are both in the Materials sector, making them natural rivals for dividend investors. LYB offers a significantly higher 9.40% yield compared to MLM's 0.46%, a gap of 8.94%. Both stocks carry a "Safe" dividend safety rating.
Key Metrics Comparison
| Metric | LYB | MLM |
|---|
| Dividend Yield | 9.40% | 0.46% |
| Annual Dividend | $5.42 | $3.32 |
| 5-Year CAGR | 5.3% | N/A |
| Payout Ratio | 11% | 16% |
| Consecutive Years | 2 | N/A |
| Price | $57.80 | $680.12 |
Yield Comparison
LyondellBasell Industries N.V. (LYB) currently yields 9.40%, which is high for the broader market. That's 8.94% more than Martin Marietta Materials Inc (MLM), which yields 0.46%. In dollar terms, LYB pays $5.42/share annually versus MLM's $3.32/share.
Dividend Growth
LYB has a 5-year dividend CAGR of 5.3%. Growth data is not available for MLM. LYB: Dividend growth has been steady, with a 3-year CAGR of 5.0% and a 5-year CAGR of 5.3% (10-year: 5.6%).
Dividend Safety
LYB's dividend safety is rated "Safe." The payout ratio of 11% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -0.7x. MLM's dividend safety is rated "Safe." The payout ratio of 16% is well within sustainable levels, leaving room for future increases. Both have similar payout ratios — LYB at 11% and MLM at 16%.
Income Comparison
A $10,000 investment in LYB generates approximately $940/year in dividend income, compared to $46/year from MLM — a difference of $894/year. At $100,000, that gap widens to $8940/year.
Verdict
- Best for income: LYB
- Best for safety: LYB
Frequently Asked Questions
Which has a higher dividend yield, LYB or MLM?
LyondellBasell Industries N.V. (LYB) has a higher dividend yield of 9.40% compared to Martin Marietta Materials Inc (MLM) at 0.46%.
Which is safer for dividend income, LYB or MLM?
LyondellBasell Industries N.V.'s dividend safety is rated "Safe" while Martin Marietta Materials Inc is rated "Safe." The payout ratio of 11% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -0.7x. The payout ratio of 16% is well within sustainable levels, leaving room for future increases.
How much income does $10,000 in LYB vs MLM generate?
A $10,000 investment in LYB generates approximately $940/year in dividends, while the same amount in MLM generates about $46/year.
Which has a lower payout ratio, LYB or MLM?
LyondellBasell Industries N.V. has a lower payout ratio of 11% compared to Martin Marietta Materials Inc's 16%. A lower payout ratio generally indicates more room for dividend growth and better sustainability.
LYB vs MLM: which is better for retirement income?
It depends on your priorities. LYB for current income, LYB for safety. Many retirement investors hold both for diversification.
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