Texas to Adopt New Currency?
As you'll see, the political elite in Texas are backing this new currency to the hilt. One law allows businesses to accept this new currency, the same as if you were paying by cash or with a credit card. So, what is Texas' new currency? And what do you need to do immediately to prepare?
| Open | 72.82 | Prev Close | 72.81 |
| High | 74.11 | Low | 71.13 |
| Volume | 739,283 | Volume (Avg) | 2,493 |
| 52 Week High | 135.83 | 52 Week Low | 67.23 |
| Market Cap | 8.4B | PE Ratio |
General
| Name | Albemarle Corp |
| Ticker | ALB |
| Exchange | NYSE |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 8,300 |
About Albemarle Corp
Albemarle Corporation provides energy storage solutions worldwide. It operates through three segments: Energy Storage, Specialties, and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride for use in lithium batteries used in consumer electronics and electric vehicles, power grids and solar panels, high performance greases, specialty glass used in consumer appliances and electronics, organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates in the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemicals products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical device industries. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Highlights
| Analyst Target | 95.85 |
| Market Cap | 8,377,200,000 |
| PEG Ratio | 0.99 |
| EBITDA | -9,112,000 |
Valuation
| Forward PE | 18.45 |
| Price/Sales (Trailing 12 Mt.) | 1.59 |
| Price/Book (Most Recent Quarter) | 1.11 |
Technicals
| Beta | 1.59 |
| 52 Week High | 135.83 |
| 52 Week Low | 67.23 |
| 50 Day Average | -13.88% |
| 200 Day Average | -23.63% |
Dividend
Albemarle Corp pays out a dividend of $1.56 per share, with a dividend yield of 2.19%.
ALB's next dividend payment will be made to shareholders on April 1, 2025.
They pay out 11.98% of their earnings out as a dividend.
Recent Dividends
| Jan 2, 2025 | $0.41 |
| Oct 1, 2024 | $0.41 |
| Jul 1, 2024 | $0.40 |
| Apr 1, 2024 | $0.40 |
| Jan 2, 2024 | $0.40 |
| Oct 2, 2023 | $0.40 |
| Jul 3, 2023 | $0.40 |
| Apr 3, 2023 | $0.40 |
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