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Albemarle (Albemarle) 5-Year Yield-on-Cost % : 1.65 (As of Apr. 26, 2024)


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What is Albemarle 5-Year Yield-on-Cost %?

Albemarle's yield on cost for the quarter that ended in Dec. 2023 was 1.65.


The historical rank and industry rank for Albemarle's 5-Year Yield-on-Cost % or its related term are showing as below:

ALB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.56   Med: 1.62   Max: 3.31
Current: 1.65


During the past 13 years, Albemarle's highest Yield on Cost was 3.31. The lowest was 0.56. And the median was 1.62.


ALB's 5-Year Yield-on-Cost % is ranked worse than
61.61% of 1055 companies
in the Chemicals industry
Industry Median: 2.38 vs ALB: 1.65

Competitive Comparison of Albemarle's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Albemarle's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Albemarle's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Albemarle's 5-Year Yield-on-Cost % falls into.



Albemarle 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Albemarle is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Albemarle  (NYSE:ALB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Albemarle 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Albemarle's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Albemarle (Albemarle) Business Description

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 U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., 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.
Executives
Kristin M Coleman officer: EVP, General Counsel 140 HAZEL AVE., GLENCOE IL 60022
Neal Ravi Sheorey officer: Chief Financial Officer 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Michael James Simmons officer: President - Ketjen 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Eric Norris officer: President, Lithium 1519 AUDUBON ROAD, CHARLOTTE NC 28211
J Kent Masters director ALBEMARLE CORP., 451 FLORIDA ST, BATON ROUGE LA 70801
Sean B. O'hollaren officer: Chief External Affairs Officer 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Jacobus G. Fourie officer: Chief Capital Projects Officer 4250 CONGRESS STREET, SUITE 900, CHARLOTTE NC 28209
Scott Tozier officer: EVP & CFO ALBEMARLE CORP, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Karen G Narwold officer: EVP, Chief Admin Officer ALBEMARLE CORPORATION, 4250 CONGRESS ST, SUITE 900, CHARLOTTE NC 28209
Raphael Goszcz Crawford officer: President, Catalysts 4311 GREENBRIAR HILLS PLANTATION RD, CHARLOTTE NC 28277
Ralf Hans Cramer director MIERENDORSFSTRASSE 26, BENSHEIM 2M 64625
Netha N. Johnson officer: President, Bromine Specialties 3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Barichivich John Clarence Iii officer: VP, Controller & CAO 4250 CONGRESS ST., SUITE 900, CHARLOTTE NC 28209
Kissam Luther C Iv director, officer: Chairman, President & CEO 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Melissa H. Anderson officer: SVP, Chief HR Officer ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209

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