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CHARLOTTE, N.C. - Albemarle Corp. (NYSE: ALB), a global leader in the production of lithium and bromine, has declared its 126th consecutive quarterly common stock dividend. The company’s board announced a dividend of $0.405 per share, maintaining its long-standing tradition of shareholder returns. According to InvestingPro data, Albemarle has raised its dividend for 31 consecutive years, with the current yield standing at 2.8%.
The dividend, which translates to an annualized payout of $1.62 per share, is scheduled for distribution on July 1, 2025, to shareholders on record as of June 13, 2025. This consistent dividend issuance underscores Albemarle’s commitment to providing value to its investors, though the stock has faced significant headwinds, declining nearly 55% over the past year to its current price of $57.49.
Albemarle’s operations are integral to various sectors, including mobility, energy, connectivity, and health, by supplying essential resources for these industries. The company’s focus on sustainability and innovation is reflected in its efforts to pioneer new solutions while considering the impact on both people and the planet.
The company regularly communicates with its stakeholders through its website, where it posts updates on events, financial performance, and other relevant market information. Albemarle’s proactive approach to investor relations and media engagement is part of its strategy to maintain transparency and trust.
Despite the positive announcement regarding the dividend, the company’s press release also contained forward-looking statements, cautioning that actual results could differ materially from expectations due to various factors. These include market fluctuations, economic conditions, and demand changes for its products. Albemarle advises that these statements are based on current beliefs and expectations and are subject to risks and uncertainties that could affect future outcomes.
Investors and analysts are directed to Albemarle’s official channels for further information and updates. The announcement of the continued dividend is based on the company’s press release statement and does not imply any endorsement of future financial performance or market position.
In other recent news, Albemarle Corporation reported its Q1 2025 earnings, revealing an EPS of -$0.18, which was better than the forecasted -$0.5. The company’s revenue reached $1.1 billion, slightly below the anticipated $1.18 billion. Despite the revenue miss, Albemarle maintained its full-year outlook for 2025, citing robust demand projections in the lithium market. Meanwhile, CFRA downgraded Albemarle’s stock rating to Strong Sell, reducing the price target to $29.00 from $37.00, following a reported first-quarter sales drop of 21% year-over-year. The downgrade reflects CFRA’s outlook on continued demand and pricing challenges, particularly due to soft lithium pricing. Additionally, Scotiabank lowered Albemarle’s price target to $65, maintaining a Sector Perform rating, amid a reassessment of the lithium market and reduced EBITDA forecast for 2026. These recent developments highlight the challenges Albemarle faces in a volatile lithium market, with analysts expressing concerns over pricing and market dynamics.
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