Albemarle Announces 126th Consecutive Quarterly Common Stock Dividend

Rhea-AI Summary

Albemarle Corp. (NYSE: ALB), a global leader in lithium and bromine supply, has declared its 126th consecutive quarterly dividend of $0.405 per share. The dividend, with an annualized rate of $1.62, will be payable on July 1, 2025, to shareholders of record as of June 13, 2025.

Albemarle is a key player in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health sectors. The company maintains its position as a reliable global supplier of lithium and bromine, delivering advanced solutions to its customers.

Positive

• None.

Negative

• Potential market risks highlighted in forward-looking statements regarding lithium pricing
• Possible adverse changes in liquidity and financial performance mentioned in risk factors

CHARLOTTE, N.C., May 6, 2025 /PRNewswire/ -- The Board of Directors of Albemarle Corp. (NYSE: ALB) announced today that it declared a quarterly common stock dividend of $0.405 per share. This marks Albemarle's 126^th consecutive quarterly cash dividend.

The dividend, which has an annualized rate of $1.62, is payable July 1, 2025, to shareholders of record at the close of business as of June 13, 2025.

About Albemarle
Albemarle Corp. (NYSE: ALB) leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com, LinkedIn and on X (formerly known as Twitter) @AlbemarleCorp.

Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves.

Forward-Looking Statements

This press release contains statements concerning our expectations, anticipations and beliefs regarding the future, including, without limitation, statements related to future dividends and results, which may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed. Factors that could cause actual results to differ materially from the statements expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; expected market pricing of lithium and spodumene and other underlying assumptions and our 2025 outlook considerations; adverse changes in liquidity or financial or operating performance; changes in the demand for our products or the end-user markets in which our products are sold and the other factors detailed from time to time in the reports we file with the U.S. Securities and Exchange Commission, including those described under "Risk Factors" in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. We assume no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

Media Contact: Peter Smolowitz, +1 (980) 308-6310, media@albemarle.com
Investor Relations Contact: +1 (980) 299-5700, invest@albemarle.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/albemarle-announces-126th-consecutive-quarterly-common-stock-dividend-302447633.html

SOURCE Albemarle Corporation

FAQ

What is Albemarle's (ALB) current quarterly dividend payment?

Albemarle's current quarterly dividend payment is $0.405 per share, with an annualized rate of $1.62.

When is Albemarle's (ALB) next dividend payment date?

Albemarle's next dividend payment is scheduled for July 1, 2025, for shareholders of record as of June 13, 2025.

How many consecutive quarters has Albemarle (ALB) paid dividends?

Albemarle has paid dividends for 126 consecutive quarters, demonstrating a consistent track record of shareholder returns.

What is Albemarle's (ALB) main business focus?

Albemarle is a global leader in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health, with a focus on lithium and bromine supply.

What is the annual dividend yield for Albemarle (ALB) stock?

Based on the announced quarterly dividend of $0.405, Albemarle's annualized dividend rate is $1.62 per share.