Albemarle hikes dividend by 1.2%
Albemarle (ALB) raised its quarterly dividend on July 21, 2026, increasing the payout by 1.2% to $0.41 per share.
Albemarle's dividend growth has been limited in recent years. The dividend was unchanged in 2025, while the increases in 2021 through 2024 were each only 1.3%. Following the latest 1.2% raise, the company's five-year dividend growth rate is now approximately 1.0% annually.
This is Albemarle's first dividend increase in two years. Because the dividend track record is measured by calendar year, the latest raise extends the company's streak to 32 consecutive years of annual dividend growth. Albemarle therefore remains a Dividend Aristocrat. At a share price of $121.00, the annualized dividend yield is approximately 1.4%. The ex-dividend date is September 11, 2026.
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| Dividend growth is weak for ALB in the last five years |
Albemarle's dividend growth has been limited in recent years. The dividend was unchanged in 2025, while the increases in 2021 through 2024 were each only 1.3%. Following the latest 1.2% raise, the company's five-year dividend growth rate is now approximately 1.0% annually.
Albemarle is a specialty chemicals company and one of the world's major producers of lithium, with additional operations in bromine specialties and catalyst solutions.
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