NewMarket Corp (NEU) has declared a quarterly dividend of $3.00 per share, payable to shareholders on record. This marks a 9.1% increase from the previous dividend of $2.75 per share.
The ex-dividend date is set for December 14, 2025, meaning investors must own shares before this date to qualify for the upcoming payment. The dividend will be disbursed to eligible shareholders on January 1, 2026. With a current dividend yield of 1.54%, the announcement highlights the company's ongoing commitment to returning capital to its investors.
NewMarket Corp operates within the chemicals industry, specializing in manufacturing and developing petroleum additives. Based in Richmond, Virginia, the company employs 2,060 full-time staff and has a market capitalization of $7.3 billion. Its diverse offerings include lubricant and fuel additives, as well as specialty chemicals for aerospace and defense applications.
The increase in the dividend reflects management's confidence in the company’s financial health and its ability to generate cash flow. Investors often look to dividend announcements as indicators of a company’s capital allocation strategy and overall financial stability. Regular dividends can appeal to income-focused investors, although such payments are subject to change based on business performance and management decisions.
NewMarket Corp is scheduled to report its upcoming earnings on April 20, 2026, followed by another announcement on July 27, 2026.