NewMarket Corporation Announces 8.3% Increase in Quarterly Dividend
NewMarket Corporation (NEU) has declared a quarterly dividend of $3.25 per share, representing an 8.3% increase from the previous payout of $3.00 per share. The dividend carries a forward yield of 1.62%. The distribution is scheduled to be payable on January 1, with a record date and ex-dividend date set for December 15. This move comes as the company continues its strategic focus on specialty materials capacity expansion projects, which are expected to reach completion by the end of 2026.
Tickers: $NEU
Topics: dividend increase quarterly dividend specialty materials capacity expansion