NYSE:SQMChemicals
A Look At SQM (NYSE:SQM) Valuation As Dividend Payout Target Rises To 50% Of Net Income
Sociedad Química y Minera de Chile (SQM) is back in focus after its board proposed raising the dividend payout policy from 30% to 50% of net income, a shift aimed squarely at income oriented shareholders.
See our latest analysis for Sociedad Química y Minera de Chile.
The proposed dividend shift comes after a strong run in the shares, with an approximately 17.8% 30 day share price return and a 126.98% total shareholder return over the past year. This suggests momentum has been building ahead...