Newmarket Corporation Raises Dividend by 11%

By Tamara Parker • Friday, February 23 10:08 • Permanent Link

Newmarket Corporation (NYSE: NEU) has announced an increase in its quarterly dividend, with the board of directors declaring a dividend of $2.50 per share on the common stock of the corporation. This represents a 11% increase from the previous quarterly dividend of $2.25 per share.

Key Points: The new quarterly dividend is $2.50 per share, reflecting an 11% increase from the previous dividend of $2.25 per share. The dividend is payable on April 1, 2024, to shareholders of record at the close of business on March 15, 2024.

About Newmarket Corporation: Newmarket Corporation is a holding company with subsidiaries including Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (Ampac). Afton and Ethyl develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products. * Ampac is a manufacturer of specialty chemicals used in solid rocket motors for the aerospace and defense industries.

Today the company's shares have moved 0.4% to a price of $621.78. For more information, read the company's full 8-K submission here.

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