- NewMarket Corporation (NEU, Financial) declares a quarterly dividend of $2.75 per share.
- The dividend is payable on July 1, 2025, to shareholders recorded by June 16, 2025.
- NewMarket operates through subsidiaries focused on chemical additives and specialty materials for various industries.
NewMarket Corporation (NEU), headquartered in Richmond, Virginia, has announced a quarterly dividend of $2.75 per share, reinforcing its commitment to returning value to its shareholders. The dividend is scheduled for payment on July 1, 2025, and is available to shareholders who are on record by the close of business on June 16, 2025.
NewMarket operates through several key subsidiaries, including Afton Chemical Corporation, Ethyl Corporation, and American Pacific Corporation (AMPAC). These companies play crucial roles in the manufacture and delivery of chemical additives that enhance petroleum product performance. AMPAC specializes in producing specialty materials essential for solid rocket motors catering to the aerospace and defense sectors.
Despite the positive dividend news, NewMarket highlights that future outcomes remain uncertain due to various risk factors. These include raw material availability, competition, and potential information technology failures among others. Investors are advised to consider these factors when evaluating the company's future performance.
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