GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NewMarket Corp (NYSE:NEU) » Definitions » 5-Year Yield-on-Cost %
中文

NewMarket (NewMarket) 5-Year Yield-on-Cost %

: 1.97 (As of Today)
View and export this data going back to 1999. Start your Free Trial

NewMarket's yield on cost for the quarter that ended in Dec. 2023 was 1.97.


The historical rank and industry rank for NewMarket's 5-Year Yield-on-Cost % or its related term are showing as below:

NEU' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.23   Med: 2.06   Max: 3.77
Current: 1.97


During the past 13 years, NewMarket's highest Yield on Cost was 3.77. The lowest was 1.23. And the median was 2.06.


NEU's 5-Year Yield-on-Cost % is ranked worse than
57.66% of 1051 companies
in the Chemicals industry
Industry Median: 2.39 vs NEU: 1.97

Competitive Comparison

For the Specialty Chemicals subindustry, NewMarket's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Chemicals industry and Basic Materials sector, NewMarket's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where NewMarket's 5-Year Yield-on-Cost % falls into.



NewMarket 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of NewMarket is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

NewMarket  (NYSE:NEU) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


NewMarket 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of NewMarket's 5-Year Yield-on-Cost % 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