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Albemarle (MEX:ALB) 5-Year Dividend Growth Rate : 3.20% (As of Sep. 2024)


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What is Albemarle 5-Year Dividend Growth Rate?

Albemarle's Dividends per Share for the three months ended in Sep. 2024 was MXN7.98.

During the past 12 months, Albemarle's average Dividends Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Albemarle was 20.80% per year. The lowest was 1.30% per year. And the median was 10.50% per year.

Albemarle's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00. As of today, Albemarle's Dividend Yield % is 1.36%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Albemarle Corp is 2.71, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Albemarle's 5-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Albemarle's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Albemarle's 5-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Albemarle's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Albemarle's 5-Year Dividend Growth Rate falls into.



Albemarle 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Albemarle  (MEX:ALB) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Albemarle's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=7.975/ -30.52
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Albemarle was 4.19. The lowest was 0.07. And the median was 0.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Albemarle Corp is 2.71, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Albemarle Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4050002024-09-132024-09-132024-10-01Cash DividendquarterlyUSD:MXN 19.596300
USD 0.4000002024-06-142024-06-142024-07-01Cash DividendquarterlyUSD:MXN 18.194600
USD 0.4000002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:MXN 16.769300
USD 0.4000002023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:MXN 17.192700

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Albemarle's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=28.7991415/2116.10
=1.36 %

Current Share Price is MXN2116.10.
Albemarle's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN28.7991415.

During the past 13 years, the highest Dividend Yield of Albemarle was 2.83%. The lowest was 0.48%. And the median was 1.36%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Albemarle 5-Year Dividend Growth Rate Related Terms

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Albemarle Business Description

Industry
Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

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