On 2016-07-12, Albemarle Corporation (NYSE:ALB) confirmed the dividend disbursement of $0.305 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-10-03 while ex-dividend date is reported to be 2016-09-13.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Albemarle Corporation (NYSE:ALB) paid a total of $0.305 per share in dividends. This figure stood at $0.305 a share in the same period a year ago indicating a deviation of 5.4545%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $85.777 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $102 and $60, respectively.
Taking the mathematical rating formula, the price for Albemarle Corporation (NYSE:ALB) stands at 2.11. Earnings Review Albemarle Corporation (NYSE:ALB) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $0.81.
Coming to the quarter ending on 2015-12-31, Albemarle Corporation (NYSE:ALB) recorded EPS of $1.09. The reported numbers came lower than the analysts’ estimates of $1, demonstrating a miss of $0.09 as against reported figures.
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