Albemarle Corp. vs Abrdn Physical Platinum Shares ETF — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while Abrdn Physical Platinum Shares ETF trades at $16.22. The key difference: Albemarle Corp. pays a 1.27% dividend while Abrdn Physical Platinum Shares ETF pays none. Which is the better fit depends on your goals.
| ALB | PPLT | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | Commodities - Metals/Agriculture |
52-Week High | $215.62 | $25.23 |
52-Week Low | $72.58 | $11.95 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →PPLT is a physically-backed ETF designed to track the spot price of platinum, less the Trust's expenses. It holds physical platinum bullion in secure vaults, providing investors with a liquid and cost-effective way to access the platinum market without the logistical challenges of direct ownership.
Read more on PPLT →