Albemarle Announces Quarterly Common Stock Dividend

Rhea-AI Summary

Albemarle (NYSE: ALB) has declared a quarterly common stock dividend of $0.405 per share, with an annualized rate of $1.62. The dividend will be paid on January 2, 2025, to shareholders of record as of December 13, 2024. Albemarle is a global leader in providing essential elements for mobility, energy, connectivity and health, specializing in lithium and bromine supply for advanced solutions.

Positive

• Consistent dividend payment maintained at $0.405 per share quarterly
• Annualized dividend rate of $1.62 per share provides steady shareholder returns

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• None.

CHARLOTTE, N.C., Oct. 28, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that its board of directors has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62, is payable Jan. 2, 2025, to shareholders of record at the close of business as of Dec. 13, 2024.

About Albemarle
Albemarle Corporation (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
Some of the information presented in this press release, including, without limitation, information related to future dividends and results, and all other information relating to matters that are not historical facts 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 outlook expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; 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

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SOURCE Albemarle Corporation

FAQ

What is Albemarle's (ALB) quarterly dividend amount for Q1 2025?

Albemarle's quarterly dividend amount is $0.405 per share, payable on January 2, 2025.

When is the record date for Albemarle's (ALB) Q1 2025 dividend?

The record date for Albemarle's Q1 2025 dividend is December 13, 2024.

What is Albemarle's (ALB) annual dividend rate for 2025?

Albemarle's annualized dividend rate is $1.62 per share.

When will Albemarle (ALB) pay its next quarterly dividend?

Albemarle will pay its next quarterly dividend on January 2, 2025.