Global X Lithium ETF
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 Starts EarthWorks at Kemerton
Albemarle (ALB) isn’t wasting any time. Albemarle entered into a joint venture agreement with Mineral Resources Australia on December 17.
Why Albemarle Slumped 20% in December
Albemarle (ALB), the world’s largest producer of lithium, fell 20% in December.
Albemarle Entered a Definitive Agreement with Mineral Resources
On December 17, Albemarle (ALB) announced that it signed a joint agreement with Mineral Resources Australia.
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.
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.
Analyst Upgrades for FMC in May 2018
The current consensus mean rating for FMC in May stood at 2.0.
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.
Could Albemarle’s 4Q17 Revenue Meet Expectations?
Albemarle’s 4Q17 revenue expectations Albemarle (ALB) is expected to report revenue of $795.5 million in 4Q17, which implies 14.2% growth year-over-year. In 4Q16, ALB reported revenue of $696.7 million. ALB’s revenue has been on an upward trend since 3Q16. Driving factors Albemarle’s revenue is expected to be driven by its lithium segment, which is expected […]
Bitcoin Retreats from Its 3-Week High of $17,712.40
Bitcoin prices touched a three-week high of $17,712.40 on January 6, 2018, and then fell. As of Monday, January 8, 2018, at 5:00 AM EST, it had a 24-hour fall of 5.4%.
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.
The Latest Analyst Recommendations for Albemarle
As of February 24, 2017, 19 brokerage firms were actively tracking Albemarle (ALB) stock. About 58.0% of them have recommended a “buy” for the stock.
Why Did FMC’s Lithium Segment’s Revenue Rise in 2Q16?
In 2Q16, FMC Corporation’s (FMC) Lithium segment reported revenue of $63.3 million, representing 7.8% of FMC’s total revenue.
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.
Why Did SQM’s Income Fall in 3Q15?
Sociedad Química y Minera de Chile (SQM) has a market cap of $5.7 billion. After the company’s 3Q15 earnings report, SQM fell by 5.6% to close at $18.49 per share on November 17, 2015.
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.