SQM Stock: Down 27%, Can This Dividend Giant Bounce Back?

Sociedad Química y Minera de Chile S.A. (NYSE:SQM), which produces lithium, fertilizer, and chemical products (and also pays large dividends), has experienced highs and lows in the past few years. However, it’s unclear to me if the stock can bounce back. SQM recently signed an MoU (memorandum of understanding) concerning a deal proposed by the Chilean government that will see it become a minority partner (49%) in its existing operations from 2030, and demand for its lithium product is volatile.