<div id="readability-page-1"><p><strong>Albemarle Corporation</strong> (NYSE:ALB - Get Free Report) declared a quarterly dividend on Monday, October 27th. Stockholders of record on Friday, December 12th will be given a dividend of 0.405 per share by the specialty chemicals company on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, December 12th.</p><ul><li>5 Surprising Stocks Set to Benefit From a Future Robotics Boom</li></ul><p>Albemarle has a payout ratio of 216.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Albemarle to earn $1.91 per share next year, which means the company should continue to be able to cover its $1.62 annual dividend with an expected future payout ratio of 84.8%. </p><h2>Albemarle Trading Down 9.0%</h2><p>ALB opened at $96.18 on Tuesday. The stock has a market cap of $11.32 billion, a PE ratio of -10.32 and a beta of 1.65. The company has a quick ratio of 1.47, a current ratio of 2.31 and a debt-to-equity ratio of 0.38. The business has a 50 day moving average of $85.78 and a 200-day moving average of $71.78. Albemarle has a 52 week low of $49.43 and a 52 week high of $113.91. </p><ul><li>5 EV Battery and Lithium Stocks Charging the Future</li></ul><p>Albemarle (NYSE:ALB - Get Free Report) last released its earnings results on Wednesday, July 30th. The specialty chemicals company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of ($0.83) by $0.94. The company had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.23 billion. Albemarle had a negative return on equity of 1.87% and a negative net margin of 18.61%.The firm's revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 EPS.  Albemarle has set its FY 2025 guidance at  EPS. Equities research analysts predict that  Albemarle will post -0.04 earnings per share for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>ALB has been the subject of a number of research analyst reports. Bank of America  restated a &#34;neutral&#34; rating and issued a $100.00 target price (up previously from $95.00) on shares of Albemarle in a research note on Tuesday, October 14th. Wells Fargo &amp; Company raised their price objective on Albemarle from $70.00 to $90.00 and gave the company an &#34;equal weight&#34; rating in a research report on Wednesday, October 15th. Wall Street Zen raised Albemarle from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, August 16th. UBS Group reduced their price objective on Albemarle from $89.00 to $85.00 and set a &#34;neutral&#34; rating for the company in a research report on Monday, October 6th. Finally, Jefferies Financial Group raised their price objective on Albemarle from $90.00 to $105.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, fourteen have issued  a Hold rating and five have assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $95.33.</p><ul><li>Lithium Americas Rally Lifts Other Rare Earth Stocks </li></ul><p><b>Read Our Latest Report on ALB</b></p><h2>Albemarle Company Profile</h2> (Get Free Report)<p>Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.</p><h2>See Also</h2><ul><li>Five stocks we like better than Albemarle</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Keurig Dr Pepper in the Buy Zone: It's Time to Build a Position</li><li>How to Calculate Stock Profit </li><li>AI Demand Fuels Bullish Western Digital Forecasts</li><li>Comparing and Trading High PE Ratio Stocks</li><li>Growth Picks: 3 Low-Cost Stocks That Could Double in Value</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Albemarle Right Now?</h2><p>Before you consider Albemarle, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Albemarle wasn't on the list.</p><p>While Albemarle currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Albemarle Corporation (NYSE:ALB) has declared a quarterly dividend of $0.41, payable on January 2nd to stockholders of record as of December 12th. The annualized dividend yield is 1.7%. The company has a payout ratio of 216.0%, indicating reliance on its balance sheet for dividend payments. Analysts expect Albemarle to earn $1.91 per share next year, suggesting a future payout ratio of 84.8%. The stock opened at $96.18, with a market cap of $11.32 billion and a consensus rating of "Hold" from analysts.</p>

Albemarle Corporation to Issue Quarterly Dividend of $0.41 (NYSE:ALB)