Albemarle Corporation (NYSE:ALB) will begin trading ex-dividend on December 10, 2020. The quarterly dividend payment of $ 0.385 per share is scheduled to be paid on January 4, 2021. The dividend yield based on the latest trading day closing price was 1.07 percent. Shareholders who purchased ALB shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Albemarle Corporation
Albemarle Corporation recently reported second quarter financial results on August 5, 2020, after market close, the Charlotte based company revealed income for the second quarter of $ 0.86 per share, from the revenue of $ 764.05 million. Wall street analysts are predicting, ALB to report 2Q20 income of $ 0.73 per share from revenue of $ 709.85 million. The bottom line results beat street analysts by $ 0.13 or 17.81 percent, at the same time, top line results outshined analysts by $ 54.20 million or 7.64 percent.
Stock Performance
Shares of Albemarle Corporation traded up $ 3.95 or 2.82 percent on Tuesday, reaching $ 143.95 with volume of 843.40 thousand shares. Albemarle Corporation has traded high as $ 144.12 and has cracked $ 138.20 on the downward trend
According to the previous trading day, closing price of $ 143.95, representing a 186.36 % increase from the 52 week low of $ 48.89 and a 2.86 % decrease over the 52 week high of $ 144.12.
The company has a market capital of $ 15.32 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Its Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets. It also offers cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for various pyrotechnical applications; technical services, such as the handling and use of reactive lithium products; and recycling services for lithium-containing by-products.
