NewMarket (NEU) Declares $1.10 Quarterly Dividend; $400M Buyback Plan

NewMarket (NYSE: NEU) declared a quarterly dividend of $1.10 per share, or $4.4 annualized. The dividend will be payable on July 1, 2014, to stockholders of record on June 16, 2014, with an ex-dividend date of June 12, 2014. The annual yield on the dividend is 1.2 percent.

The Board of Directors approved a new share repurchase program and authorized management to repurchase up to $400 million of NewMarket's outstanding common stock until December 31, 2016, as market conditions warrant and covenants under our existing debt agreements permit.

For a dividend history and other dividend-related data on NewMarket (NEU) click here.

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