Albemarle (ALB) Raises Quarterly Dividend 9.7% to $0.3675; 1.6% Yield

Albemarle (NYSE: ALB) declared a quarterly dividend of $0.3675 per share, or $1.47 annualized. This is a 9.7% increase from the prior dividend of $0.335.

The dividend will be payable on April 1, 2019, to stockholders of record on March 15, 2019, with an ex-dividend date of March 14, 2019.

The annual yield on the dividend is 1.6 percent.

"Providing our shareholders with a dividend increase every year for the past quarter of a century places Albemarle among a select group of companies," said Luke Kissam, Albemarle's CEO. "We are confident in the future of Albemarle and remain dedicated to generating shareholder return through our dividend and business growth."

For a dividend history and other dividend-related data on Albemarle (ALB) click here.

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