Albemarle (ALB) Raises Quarterly Dividend 5.2% to $0.305; 2.2% Yield

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Albemarle raises dividend for the 22nd consecutive year

February 26, 2016 5:35 PM EST

BATON ROUGE, La., Feb. 26, 2016 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) declared today a quarterly dividend of $0.305 per share, an increase of 5% over the previous quarterly dividend of $0.29.  The dividend, which has a new annualized rate of $1.22, is payable April 1, 2016, to shareholders of record at the close of business as of March 16,... More