CHARLOTTE, N.C., Feb. 23,
2023 /PRNewswire/ -- The Board of Directors of
Albemarle Corporation (NYSE: ALB) announces that it has
declared a quarterly dividend of $0.40 per share. The dividend, which has an
annualized rate of $1.60, is payable
April 3, 2023, to shareholders of
record at the close of business as of March
17, 2023. This year marks Albemarle's 29th consecutive year
raising its dividend.

About Albemarle Corporation
Albemarle Corporation
(NYSE: ALB) is a global leader in transforming essential resources
such as lithium and bromine into critical ingredients for mobility,
energy, connectivity, and health. Building on our world-class
resources, technical and process knowledge, and safety and
sustainability performance, we partner with our customers to
pioneer new ways to move, power, connect, and protect. We are
committed to building a more resilient world where people and
planet thrive. Learn more about Albemarle at www.albemarle.com and
at @albemarlecorp on LinkedIn, Twitter and Facebook.
Albemarle regularly posts
information to www.albemarle.com, including notification of
events, news, financial performance, investor presentations and
webcasts, non-GAAP reconciliations, Securities and Exchange
Commission ("SEC") filings and other information regarding the
company, its businesses and the markets it serves.
Forward-Looking Statements
Some of the information
presented in this press release, including, without limitation,
information related to future dividends and results, and all other
information relating to matters that are not historical facts may
constitute forward- looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Actual results
could differ materially from the views expressed. Factors that
could cause actual results to differ materially from the outlook
expressed or implied in any forward-looking statement include,
without limitation: changes in economic and business conditions;
adverse changes in liquidity or financial or operating performance;
changes in the demand for our products or the end-user markets in
which our products are sold and the other factors detailed
from time to time in the reports we file with the SEC,
including those described under "Risk Factors" in our Annual Report
on Form 10-K and our Quarterly Reports on Form 10-Q. These
forward-looking statements speak only as of the date of this press
release. We assume no obligation to provide any revisions to any
forward-looking statements should circumstances change, except as
otherwise required by securities and other applicable laws.
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SOURCE Albemarle Corporation