Newmarket (NEU) Raises Quarterly Dividend 7.1% to $2.25; 2.3% Yield

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NewMarket Corporation Increases Quarterly Dividend

April 27, 2023 5:01 PM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.25 per share on the common stock of the Corporation, an increase of $0.15 as compared to the last quarterly dividend of $2.10 per share. The dividend is payable July 3, 2023, to NewMarket shareholders of record at the close of business on June 15, 2023.

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 market-general... More