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ALB-P-A

ALBEMARLE CORP · Series A · Plastic Materials, Synth Resins & Nonvulcan Elastomers
Also quoted as: ALB-A, ALBprA, ALB.PRA, ALB-PA, ALBpA
$64.81
last price

About this security

ALB-P-A is a 7.25% cumulative convertible preferred stock issued by ALBEMARLE CORP, a Plastic Materials, Synth Resins & Nonvulcan Elastomers issuer. $50 liquidation preference, current yield 5.59%.

ALBEMARLE CORP: Albemarle Corporation is a Charlotte, North Carolina-based specialty chemicals company incorporated in Virginia in 1993, recognized as a global leader in producing critical ingredients for industries including mobility, energy, connectivity, and healthcare. The company's core operations focus on transforming essential natural resources — most notably lithium — into high-value materials used across end markets such as grid storage, electric vehicles, aerospace, electronics, pharmaceuticals, and agriculture. Albemarle operates more than 25 production and R&D facilities worldwide through its own operations and joint ventures, serving approximately 1,900 customers across roughly 70 countries as of end-2025. ↗

Issuer page — all ALBEMARLE CORP securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 10:38:13 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
5.59%
Annual Dividend
$3.6250
Recent Market Price
$64.81
as of 2026-06-18
Disc/Prem to Par (→ screen)
+29.61% (+$14.80)
Capital Appreciation to Par
n/a — converts to common
Recent Ex-Date
2026-05-15
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
7.250%
Call Date
—
Yield to Call
n/a — not callable
Yield to Worst
n/a — mandatory convertible
Liq. Preference
$50.00
Mandatory Conversion
2027-03-01
Redeemable
No
Convertible
Yes
Conversion Price
$109.41–$131.27
Conversion Ratio
0.3809–0.4570
Pay Dates
March 1, June 1, September 1 and December 1
Shares Offered (original)
35,000,000 +5,250,000 OA
Issued
2024-03-08
Series
A
Alt. Symbology
ALB-A, ALBprA, ALB.PRA, ALB-PA, ALBpA

vs. Plastic Materials, Synth Resins & Nonvulcan Elastomers category (1 issues): yield 5.59% vs avg 5.59% · discount +29.6% vs avg +29.6%

Quote

 ALB-P-A (preferred)ALB (common)
Last $64.81 $170.42
Change — —
Open$66.24$161.58
High / Low $66.36 / $62.73 $174.33 / $161.58
Prev Close——
Volume58,8853,265,097
52-Week High / Low $86.93 / $27.83 $221.00 / $53.70

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● ALB-P-A ● ALB (common)

Dividend History

Ex-DateAmount / Share
2026-05-15$0.906200
2026-02-13$0.906200
2025-11-14$0.906200
2025-08-15$0.906200
2025-05-15$0.906200
2025-02-14$0.906200
2024-11-15$0.906250
2024-08-15$0.906250
2024-05-14$0.855900

Performance — $10K Calculator

See what an investment in ALB-P-A would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

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Prospectus (SEC 424B5)

We are offering 35,000,000 depositary shares ("Depositary Shares"), each of which represents a 1/20th interest in a share of our % Series A Mandatory Convertible Preferred Stock, without par value ("Mandatory Convertible Preferred Stock").

Full Prospectus (SEC filing) →

News — ALBEMARLE CORP

Issuer news via Tiingo, tagged to ALB.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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