Best Lithium Dividend Stocks - For High Returns in 2024
Lithium dividend stocks offer a unique investment opportunity, combining the growth potential of a booming industry with the stability of regular dividend payouts. As the world shifts toward renewable energy and electric vehicles, demand for lithium—an essential component in battery technology—continues to rise. This growing demand positions lithium producers and related companies for long-term growth. Investing in lithium dividend stocks allows you to benefit from this industry's expansion while receiving consistent income from dividends. We'll highlight some of the top lithium dividend stocks and why the lithium sector is an attractive area for both income and growth-focused investors.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Albemarle | 2.02% | -45.35% | -23.37% | 1.04% | -0.05% | 3.61% | 5.24% |
| Sociedad Química y Minera de Chile | 2.95% | 2295.68% | 457.63% | 2.47% | 0.01% | 16.75% | 17.56% |
| FMC | 3.70% | 20.92% | 5.65% | 1.72% | 0.33% | 20.99% | 15.69% |
| Accent | 5.39% | 132.42% | 22.91% | 3.28% | 0.14% | 20.99% | 15.90% |
| BHP | 4.91% | 97.14% | 19.14% | 3.36% | 0.18% | 15.32% | 4.22% |
| Pangaea Logistics Solutions | 5.82% | 51.98% | 8.80% | 0.94% | 0.11% | 0.00% | 0.00% |