Global X Lithium ETF
Suppliers’ power is increasing in the automobile industry
Auto suppliers’ contribution increased from 56% in 1985 to about 82% now. Automakers are becoming more like assemblers and less like manufacturers.
How Is Albemarle’s Dividend Yield Trending?
At the close of market on March 14, Albemarle (ALB), one of the biggest lithium producers, had a dividend yield of ~1.75%.
Albemarle Announced Its Quarterly Dividend
Albemarle has increased its dividend for the 25th consecutive year. As of March 1, Albemarle’s dividend yield was 1.61%.
Albemarle: Citibank Downgraded It to ‘Neutral’
On February 5, Citibank downgraded Albemarle (ALB) from “buy” to “neutral” and reduced the target price to $81.
Albemarle’s Dividend Yield Has Risen in 2018
At the close on November 29, Albemarle (ALB), one of the biggest lithium producers, had a dividend yield of 1.38%.
Albemarle’s Dividend Yield Up 40% YOY. Will Investors Buy?
As of August 30, Albemarle (ALB), known for lithium, has a dividend yield of 1.4%.
Albemarle Stock Rose 6.4% on Better-than-Expected Q2 Earnings
Albemarle announced its second-quarter earnings on August 7 after the markets closed.
What Drove Albemarle’s Better-than-Expected Q2 Earnings?
Albemarle (ALB) reported its Q2 2018 earnings after the market closed on August 7. It reported revenue of $853.9 million for Q2 2018, reflecting growth of 15.8% over Q2 2017.
Analyst Upgrades for FMC in May 2018
The current consensus mean rating for FMC in May stood at 2.0.
Albemarle Reports Double-Digit Earnings and Revenue Growth
Albemarle reported strong 1Q18 earnings on May 9. The company reported an adjusted EPS of $1.30—an increase of 23.8% on a YoY basis.
Albemarle Gets a Higher Lithium Quota in Chile
On March 9, 2018, Albemarle (ALB) announced that Chile’s Economic Development Agency increased the company’s lithium quota.
Albemarle’s 4Q17 Adjusted Earnings Beat Estimate, Stock Rose
Albemarle (ALB) announced its 4Q17 earnings on February 27, 2018. Its adjusted EPS rose 71.8% on a YoY basis.
Albemarle Increases Its Cash Dividend 24 Years in a Row
On February 23, 2018, Albemarle (ALB) announced its 1Q18 dividend of $0.335 per share. This represents an ~4.7% year-over-year increase.
Albemarle Strengthens Its Leverage Position
At the end of 3Q17, Albemarle (ALB) reported debt of ~$1.8 billion, its lowest point since 2014.
Albemarle Launches New Granite Technology
On December 19, 2017, Albemarle (ALB) announced the launch of its new Granite technology.
Albemarle’s New Technology Increased Lithium Production in Chile
On September 15, Albemarle announced that it developed a new technology. The technology could help the company increase its lithium production in Chile.
Albemarle Annouces 3Q17 Dividend
Albemarle (ALB) has announced that it will pay its 3Q17 dividend on October 2, 2017. The dividend will be $0.32 per share on its outstanding shares.
Albemarle’s 2Q17 Earnings Beat Analyst Estimates but Its Stock Falls
Albemarle (ALB) announced its 2Q17 earnings on August 7. ALB reported adjusted earnings per share of $1.13, an increase of 21.5% on a year-over-year basis.
Albemarle Appointed Laurie Brlas to Board of Directors
For the week ended June 30, 2017, Albemarle (ALB) rose 0.7% and closed at $105.54.
Why Albemarle’s Dividend Yield Has Taken a Tumble
Since 4Q15, Albemarle’s (ALB) dividend yield has fallen steeply since ALB stock growth has outpaced its dividend growth in a big way.
How Does SQM Compare to Its Peers?
SQM has outperformed its peers based on PE ratio. The PE ratios of SQM, POT, MOS, and CMP are 20.3x, 11.5x, 9.6x, and 15.4x, respectively, as of November 17, 2015.