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Albemarle Corp. (ALB) Raises Quarterly Dividend 20% to $0.24; 1.5% Yield

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Albemarle (ALB) Holders Little Impressed on Heftier Dividend, Increased Buyback

February 12, 2013 4:38 PM EST

Albemarle Corp (NYSE: ALB) ticked higher, but has since pared gains after announcing plans to return more value to shareholders.

The company issued a release after the close of trading today, announcing a 20 percent increase in its quarterly dividend to 24 cents per... More