NEW YORK ( TheStreet) -- The ex-dividend date for Albemarle (NYSE: ALB) is tomorrow, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $59.05 as of 9:54 a.m. ET, the dividend yield is 1.3%. The average volume for Albemarle has been 836,300 shares per day over the past 30 days. Albemarle has a market cap of $5.43 billion and is part of the basic materials sector and chemicals industry. Shares are up 15.3% year to date as of the close of trading on Monday. Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals. The company has a P/E ratio of 12.6, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter