Newmarket (NEU) Raises Quarterly Dividend 9.4% to $1.75; 1.6% Yield
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NewMarket Corporation Declares a 9% Increase in Quarterly Dividend
February 23, 2017 5:01 PM ESTRICHMOND, Va.--(BUSINESS WIRE)-- The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $1.75 per share on the common stock of the Corporation. The dividend is payable April 3, 2017 to NewMarket shareholders of record at the close of business on March 15, 2017. This raises our dividend by 15 cents per share, which represents a 9% increase from the previous payment.
NewMarket Corporation, through its subsidiaries Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated additive packages to... More
