RTTNews | Jul 21, 2021 10:23AM EDT

10:22 Wednesday, July 21, 2021 (RTTNews.com) - Shares of chemical manufacturing company Albemarle Corp. (ALB) are up 5 percent on Wednesday's trading. Tuesday, the company had announced a quarterly dividend of $0.39 per share.

The company said that the quarterly dividend, which has an annualized rate of $1.56, is payable on October 1 to shareholders of record at the close of business as of Sept. 17.

Currently trading at $196.46, the stock has traded between $79.06 and $196.99 during the past 52 weeks.

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