Albemarle's most recent quarterly dividend of $0.395 per share was on Sep 15, 2022 (ex-date). The annualized payout of $1.58 per share represents a current dividend yield of 0.57%.
Albemarle's dividend yield of 0.57% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 2.13%, Albemarle's dividend yield is 73% lower. The historical 5-year average of ALB's dividend yield is 1.3%, which is above the current yield.
Albemarle has a history of paying dividends since 1994. Our records of ALB show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 1.3% for the last twelve months. But since the stock price has gone up by 24% from a year ago, the dividend yield has decreased by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 15, 2022 | Oct 3, 2022 | Jul 18, 2022 | $0.395 | normal |
| Jun 9, 2022 | Jul 1, 2022 | May 3, 2022 | $0.395 | normal |
| Mar 17, 2022 | Apr 1, 2022 | Feb 24, 2022 | $0.395 | normal |
| Dec 16, 2021 | Jan 3, 2022 | Oct 25, 2021 | $0.39 | normal |
| Sep 16, 2021 | Oct 1, 2021 | Jul 20, 2021 | $0.39 | normal |
| Jun 10, 2021 | Jul 1, 2021 | May 4, 2021 | $0.39 | normal |
| Mar 11, 2021 | Apr 1, 2021 | Feb 25, 2021 | $0.39 | normal |
| Dec 10, 2020 | Jan 4, 2021 | Oct 27, 2020 | $0.385 | normal |
| Sep 17, 2020 | Oct 1, 2020 | Jul 14, 2020 | $0.385 | normal |
| Jun 11, 2020 | Jul 1, 2020 | May 5, 2020 | $0.385 | normal |
| Mar 12, 2020 | Apr 1, 2020 | Feb 28, 2020 | $0.385 | normal |
| Dec 12, 2019 | Jan 2, 2020 | Oct 29, 2019 | $0.368 | normal |
| Sep 12, 2019 | Oct 1, 2019 | Jul 24, 2019 | $0.368 | normal |
| Jun 13, 2019 | Jul 1, 2019 | May 8, 2019 | $0.368 | normal |
| Mar 14, 2019 | Apr 1, 2019 | Feb 26, 2019 | $0.368 | normal |
| Dec 13, 2018 | Jan 2, 2019 | Oct 30, 2018 | $0.335 | normal |
| Sep 13, 2018 | Oct 1, 2018 | Jul 26, 2018 | $0.335 | normal |
| Jun 14, 2018 | Jul 2, 2018 | May 8, 2018 | $0.335 | normal |
| Mar 14, 2018 | Apr 2, 2018 | Feb 23, 2018 | $0.335 | normal |
| Dec 14, 2017 | Jan 2, 2018 | Nov 6, 2017 | $0.32 | normal |
| Sep 14, 2017 | Oct 2, 2017 | Jul 10, 2017 | $0.32 | normal |
| Jun 13, 2017 | Jul 3, 2017 | May 11, 2017 | $0.32 | normal |
| Mar 13, 2017 | Apr 3, 2017 | Feb 23, 2017 | $0.32 | normal |
| Dec 13, 2016 | Jan 2, 2017 | Nov 3, 2016 | $0.305 | normal |
| Sep 13, 2016 | Oct 3, 2016 | Jul 11, 2016 | $0.305 | normal |
| Jun 13, 2016 | Jul 1, 2016 | May 10, 2016 | $0.305 | normal |
| Mar 14, 2016 | Apr 1, 2016 | Feb 26, 2016 | $0.305 | normal |
| Dec 11, 2015 | Jan 4, 2016 | Oct 5, 2015 | $0.29 | normal |
| Sep 14, 2015 | Oct 1, 2015 | Jul 9, 2015 | $0.29 | normal |
Albemarle's payout ratio of 70.3% is above the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 26.9%, Albemarle's payout ratio is 161% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 6.08% | $2.8 | 31.2% |
| XOM Exxon Mobil Corp | 3.55% | $3.52 | 38.5% |
| HUN Huntsman CORP | 3.08% | $0.83 | 14.1% |
| WLK Westlake Chemical Corp | 1.38% | $1.25 | 5.6% |
| ALB Albemarle Corp | 0.57% | $1.58 | 70.3% |
Yes, Albemarle has paid four dividends in the last twelve months. ALB has been paying dividends since 1994.
At this point we don't have a record of ALB's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.
Albemarle's last dividend ex-date was on Sep 15, 2022. The dividend amount was $0.395 per share.
On an annual basis ALB pays $1.58 per share.
Currently Albemarle's dividend yield is 0.57%.
Albemarle has a quarterly dividend frequency.
Albemarle's dividend payout ratio is 70.3%.
Albemarle's dividend yield is below the Basic Materials sector average.