Also hier die Antwort von Brian:
Hmm ... müsste man also mehr einsteigen.
Zitat:ALB's stock price is sensitive to the price of lithium, which has been under pressure over the last year. However, its dividend still looks solid to me.
The company's FCF can be volatile since ALB invests in massive production plants for many of its materials. Until those facilities are up and generating cash, they can swing FCF negative. ALB's earnings payout ratio, which excludes growth spending, remains very reasonable below 30%.
Goodwill isn't necessarily a concern. It just means a company paid a premium for an acquisition. ALB's balance sheet is in good shape with reasonable leverage and an investment-grade credit rating.
Management even raised the dividend earlier this year, marking the 25th consecutive year of payout raises. If you are optimistic about the future of lithium, ALB could be interesting.
Hmm ... müsste man also mehr einsteigen.