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People & Business :: Companies

Albemarle, PolyOne Raise Dividends

2:59 PM MST | February 15, 2012 | Vincent Valk

Albemarle has raised its quarterly dividend 14%, to 20 cts/share, while PolyOne has raised its dividend by 25%, to 5 cts/share. Albemarle’s new dividend will be paid on April first to shareholders as of March 15. Polyone’s new dividend will be paid on April 5 to shareholders as of March 14. Albemarle generated about $490 million in cash from operations during 2011. PolyOne is schedule to report fourth-quarter and full-year 2011 earnings tomorrow after the market...

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