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• Sociedad Química y Minera de Chile (NYSE:SQM) has proposed raising the 2025 final dividend payout from 30% to 50% of net income.
• The change would materially increase the share of earnings returned directly to shareholders.
• The company has also finalized a joint venture with Codelco focused on lithium operations.
• Both decisions point to a shift in how SQM balances shareholder distributions with growth investments.

For investors tracking NYSE:SQM, these moves come after a period of strong share price performance, with the stock at $94.63 and up 15.2% over the past 30 days, 35.7% year to date, and 165.7% over the past year. The proposed dividend policy change and the Codelco joint venture now sit alongside those returns as key elements in how the company is positioning itself.

Looking ahead, the higher proposed payout ratio and the new joint venture give you two clear levers to watch: cash returns and lithium project development. How SQM executes on this partnership and manages future capital allocation decisions will shape the balance between income and reinvestment for shareholders.

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NYSE:SQM Earnings & Revenue Growth as at May 2026

Is Sociedad Química y Minera de Chile’s dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis.

Quick Assessment

• ❌ Price vs Analyst Target: At $94.63, the stock is about 20% above the $78.99 analyst price target.
• ✅ Simply Wall St Valuation: Shares are trading about 20.2% below the platform’s estimate of fair value.
• ✅ Recent Momentum: The 30 day return of 15.2% shows strong recent momentum into this news.

There is only one way to know the right time to buy, sell or hold Sociedad Química y Minera de Chile. Head to Simply Wall St’s
company report for the latest analysis of Sociedad Química y Minera de Chile’s fair value.

Key Considerations

• 📊 A higher payout ratio and the Codelco joint venture link a larger share of earnings to shareholders while committing capital and attention to lithium growth projects.
• 📊 Watch how free cash flow, dividend coverage and joint venture project milestones evolve against the current P/E of 45.96 and the forward P/E of 16.68.
• ⚠️ The existing flag around dividend sustainability makes it important to see whether higher payouts are matched by consistent profits and cash generation.

Dig Deeper

For the full picture including more risks and rewards, check out the
complete Sociedad Química y Minera de Chile analysis. Alternatively, you can visit the
community page for Sociedad Química y Minera de Chile to see how other investors believe this latest news will impact the company’s narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SQM.

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