NewMarket Corporation (NEU) To Go Ex-Dividend on September 15th

NewMarket Corporation (NYSE:NEU) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 3.00 per share by the specialty chemicals company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

NewMarket has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 7 years.

NewMarket Stock Performance

Shares of NewMarket stock opened at $887.29 on Friday. The firm’s fifty day simple moving average is $858.52 and its 200-day simple moving average is $751.89. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 19.09 and a beta of 0.55. NewMarket has a 12 month low of $580.03 and a 12 month high of $981.66. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.25 and a quick ratio of 1.23.

NewMarket (NYSE:NEU) last issued its quarterly earnings results on Wednesday, July 29th. The specialty chemicals company reported $14.54 earnings per share for the quarter. NewMarket had a net margin of 15.80% and a return on equity of 24.62%. The firm had revenue of $747.09 million during the quarter.

About NewMarket

NewMarket Corporation (NYSE: NEU) is a holding company that develops, manufactures and supplies specialty chemicals, primarily for the petroleum and related industries. Its products are designed to improve the performance, efficiency and durability of fuels, lubricants and other petroleum-based products.

NewMarket operates through its principal subsidiaries, including Afton Chemical Corporation and Ethyl Corporation. Afton Chemical develops and produces fuel and lubricant additives used in automotive, marine, aviation, commercial and industrial applications.