Chemicals can sometimes seem like a risky business. Markets that were hot one day can cool off the next, and suddenly a manufacturer of, say, nitrogen, can’t sell its product, and its stock price sinks like a stone.
But for value investors who want to buy high-quality, high-yielding businesses, there are some attractive options in the chemical space. Diversity and size both matter here, which is why BASF (NASDAQOTH: BASFY), DowDuPont (NYSE: DWDP), and LyondellBasell (NYSE: LYB) are all looking like great dividend plays.