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Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Albemarle Corp. (Symbol: ALB), NewMarket Corp (Symbol: NEU), and Methanex Corp (Symbol: MEOH) will all trade ex-dividend for their respective upcoming dividends. Albemarle Corp. will pay its quarterly dividend of $0.40 on 7/1/24, NewMarket Corp will pay its quarterly dividend of $2.50 on 7/1/24, and Methanex Corp will pay its quarterly dividend of $0.185 on 6/28/24. As a percentage of ALB's recent stock price of $113.97, this dividend works out to approximately 0.35%, so look for shares of Albemarle Corp. to trade 0.35% lower — all else being equal — when ALB shares open for trading on 6/14/24. Similarly, investors should look for NEU to open 0.47% lower in price and for MEOH to open 0.36% lower, all else being equal.

Below are dividend history charts for ALB, NEU, and MEOH, showing historical dividends prior to the most recent ones declared.

Albemarle Corp. (Symbol: ALB):

NewMarket Corp (Symbol: NEU):

Methanex Corp (Symbol: MEOH):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.40% for Albemarle Corp., 1.89% for NewMarket Corp, and 1.45% for Methanex Corp.

In Wednesday trading, Albemarle Corp. shares are currently down about 0.1%, NewMarket Corp shares are off about 0.6%, and Methanex Corp shares are off about 0.5% on the day.

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