Albemarle (NYSE: ALB) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $65.27 as of 9:34 a.m. ET, the dividend yield is 1.5%. The average volume for Albemarle has been 654,700 shares per day over the past 30 days. Albemarle has a market cap of $5.8 billion and is part of the chemicals industry. Shares are up 5.3% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals. The company has a P/E ratio of 18.91. Currently there are 6 analysts that rate Albemarle a buy, no analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates Albemarle as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Albemarle Ratings Report now.
- See our top-yielding stocks list.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts