Demand for that soft metal – integral to EV batteries – should continue to rise as automakers ramp up production numbers over the next few years.
Lithium prices are now down from 2022′s record highs, partly because of a slowdown in China’s EV market as that economy remains sluggish and Chinese government subsidies for EV purchases expire.Our search started with a list of lithium producers – all with strong production and prospects. We then extended our search to ETFs that hold lithium producers before applying our TSI Dividend Sustainability Rating System to home in on the top dividend payers.
Companies with 10 to 12 points have the most secure dividends, or the highest sustainability. Those with seven to nine points have above-average sustainability; average sustainability, four to six points; and below average sustainability, one to three points.
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