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NewMarket (NewMarket) Dividend Yield %

: 1.58% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of NewMarket is 1.58%.

The historical rank and industry rank for NewMarket's Dividend Yield % or its related term are showing as below:

NEU' s Dividend Yield % Range Over the Past 10 Years
Min: 0.97   Med: 1.63   Max: 2.98
Current: 1.58

During the past 13 years, the highest Dividend Yield of NewMarket was 2.98%. The lowest was 0.97%. And the median was 1.63%.

NEU's Dividend Yield % is ranked worse than
59.09% of 1051 companies
in the Chemicals industry
Industry Median: 2.03 vs NEU: 1.58

NewMarket's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27.

During the past 13 years, the highest Dividend Payout Ratio of NewMarket was 0.45. The lowest was 0.22. And the median was 0.31.

As of today (2024-04-19), the Forward Dividend Yield % of NewMarket is 1.70%.

NewMarket's Dividends per Share for the three months ended in Dec. 2023 was $2.25.

During the past 12 months, NewMarket's average Dividends Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NewMarket was 81.70% per year. The lowest was -34.10% per year. And the median was 6.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


NewMarket Dividend Yield % Historical Data

The historical data trend for NewMarket's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewMarket Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.91 2.33 2.72 1.62

NewMarket Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 2.30 2.13 1.91 1.62

Competitive Comparison

For the Specialty Chemicals subindustry, NewMarket's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NewMarket Dividend Yield % Distribution

For the Chemicals industry and Basic Materials sector, NewMarket's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NewMarket's Dividend Yield % falls into.



NewMarket Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

NewMarket Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.5002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 2.2502023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 2.2502023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 2.2502023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NewMarket's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=9.25/586.34
=1.58 %

Current Share Price is $586.34.
NewMarket's Dividends per Share for the trailing twelve months (TTM) ended in Today is $9.25.

NewMarket's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10/586.34
=1.71 %

Current Share Price is $586.34.
NewMarket's Dividends per Share for the forward twelve months is calculated as $2.5 * 4 = $10.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewMarket  (NYSE:NEU) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


NewMarket Dividend Yield % Related Terms

Thank you for viewing the detailed overview of NewMarket's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


NewMarket (NewMarket) Business Description

Traded in Other Exchanges
Address
330 South Fourth Street, Richmond, VA, USA, 23219-4350
NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels. More revenue comes from the United States than any other geographic region.
Executives
Lowell Simmons Ukrop director 330 SOUTH 4TH ST, RICHMOND VA 23219
James E Rogers director 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Gail Ridgeway officer: Controller 330 SOUTH 4TH STREET, RICHMOND VA 23219
Ting Xu director 330 S 4TH ST, RICHMOND VA 23219
Jewett Bryce Dickinson Iii officer: VP and General Counsel 330 SOUTH 4TH STREET, RICHMOND VA 23219
Hazelgrove Bruce R Iii officer: VP - Corporate Resources 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Thomas E Gottwald director, officer: President & CEO 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Regina A Harm officer: President Afton Chemical Corp 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Cameron D. Warner officer: Treasurer 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Robert A. Shama officer: President Afton Chemical Corp 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Harris H Hiter Iii director 330 SOUTH FOURTH STREET, RICHMOND VA 23219-4350
Brian D Paliotti officer: Vice President & CFO 330 SOUTH 4TH STREET, RICHMOND VA 23219
David A Fiorenza officer: Vice President and Treasurer
William J Skrobacz officer: Controller 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Patrick D Hanley director 1000 SEMMES AVE, RICHMOND VA 23224