Albemarle Keeps Dividend Steady


Specialty chemicals maker Albemarleannounced yesterday its third-quarter dividend of $0.24 per share, the same rate it's paid for the past two quarters after raising the payout 20% from $0.20 per share.

The board of directors said the quarterly dividend is payable on Oct. 1 to the holders of record at the close of business on Sept. 13. The specialty chemicals maker has made quarterly payouts to investors since 1994.

The regular dividend payment equates to a $0.96-per-share annual dividend, yielding 1.5% based on the closing price of Albemarle's stock on July 10.

ALB Dividend Chart
ALB Dividend Chart

ALB Dividend data by YCharts.


The article Albemarle Keeps Dividend Steady originally appeared on

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