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SQM stock: down 27%, can this dividend giant rebound?
Sociedad Química y Minera de Chile S.A. (NYSE:SQM), which produces lithium, fertilizers and chemicals (and also pays a large dividend), has had its share of highs and lows over the past few years, but I'm not sure if the stock can rebound. However, I'm not sure if the stock can rebound, as SQM recently signed a Memorandum of Understanding regarding a deal proposed by the Chilean government that would make SQM a minority name partner (49%) in its current operations from 2030, and demand for its lithium products is volatile.
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