RTTNews | Jul 29, 2021 12:05PM EDT

12:04 Thursday, July 29, 2021 (RTTNews.com) - Basic material manufacturing company, Albemarle Corporation (ALB) is 6% up in the market, trading at its all-time peak on Thursday. The company has not announced any stock specific news to boost the shares.

As the world is shifting towards a cleaner source of energy, motor vehicle producers are pledging to present complete line-ups of electric vehicles before the end of the decade. Albemarle makes both clean energy products and petroleum industry products, making them a one-stop solution for the investors.

The company announced a $0.39 dividend for the shareholders on October 1.

The shares are currently trading at $206.01, up $11.47 or 5.90% from their previous close at $194.54. the shares opened at $197.19 and in the 52-week period, the shares have ranged between $79.06 and $211.00.

Read the original article on RTTNews ( https://www.rttnews.com/3213691/albemarle-stock-hits-all-time-high-shares-up-6.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved