Albemarle (ALB) Holders Little Impressed on Heftier Dividend, Increased Buyback

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Go back to Albemarle (ALB) Holders Little Impressed on Heftier Dividend, Increased Buyback

Albemarle (ALB) Boosts Buyback to 15M Common

February 12, 2013 4:04 PM EST

Albemarle Corp. (NYSE: ALB) authorized an increase in the number of shares the Company is permitted to repurchase under its existing share repurchase program to 15 million from 3.9 million shares that remained outstanding under the program as of December 31, 2012. The Company currently expects to repurchase... More

Albemarle Corp. (ALB) Raises Quarterly Dividend 20% to $0.24; 1.5% Yield

February 12, 2013 4:04 PM EST

Albemarle Corp. (NYSE: ALB) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 20% increase from the prior dividend of $0.20.

The dividend will be payable on April 1, 2013, to stockholders of record on March 15, 2013, with an ex-dividend date of March 13, 2013.... More