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NewMarket Corporation Declares Quarterly Dividend

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NewMarket (NYSE: NEU) has announced a quarterly dividend of $2.50 per share on its common stock. The dividend will be paid on January 2, 2025, to shareholders of record as of December 16, 2024. The company operates through its subsidiaries Afton Chemical, Ethyl , and American Pacific (AMPAC), which develop and manufacture chemical additives for petroleum products and specialty materials for aerospace and defense industries.

NewMarket (NYSE: NEU) ha annunciato un dividendo trimestrale di $2,50 per azione sul suo capitale sociale. Il dividendo sarà corrisposto il 2 gennaio 2025 agli azionisti registrati al 16 dicembre 2024. L'azienda opera attraverso le sue sussidiarie Afton Chemical, Ethyl e American Pacific (AMPAC), che sviluppano e producono additivi chimici per prodotti petroliferi e materiali speciali per le industrie aerospaziali e della difesa.

NewMarket (NYSE: NEU) ha anunciado un dividendo trimestral de $2.50 por acción sobre su acción ordinaria. El dividendo se pagará el 2 de enero de 2025 a los accionistas registrados hasta el 16 de diciembre de 2024. La compañía opera a través de sus filiales Afton Chemical, Ethyl y American Pacific (AMPAC), que desarrollan y fabrican aditivos químicos para productos petroleros y materiales especiales para las industrias aeroespaciales y de defensa.

NewMarket (NYSE: NEU)주당 $2.50의 분기 배당금을 발표했습니다. 배당금은 2025년 1월 2일에 지급되며, 2024년 12월 16일 기준 주주들에게 지급됩니다. 이 회사는 Afton Chemical, Ethyl, American Pacific (AMPAC) 자회사를 통해 운영되며, 이들 자회사는 석유 제품 및 항공 우주 및 방위 산업을 위한 특수 재료에 대한 화학 첨가제를 개발하고 제조합니다.

NewMarket (NYSE: NEU) a annoncé un dividende trimestriel de 2,50 $ par action sur ses actions ordinaires. Le dividende sera payé le 2 janvier 2025 aux actionnaires enregistrés au 16 décembre 2024. L'entreprise opère à travers ses filiales Afton Chemical, Ethyl et American Pacific (AMPAC), qui développent et fabriquent des additifs chimiques pour les produits pétroliers et des matériaux spéciaux pour les industries aérospatiales et de défense.

NewMarket (NYSE: NEU) hat eine vierteljährliche Dividende von 2,50 $ pro Aktie auf seine Stammaktien angekündigt. Die Dividende wird am 2. Januar 2025 an Aktionäre ausgezahlt, die zum 16. Dezember 2024 im Aktienregister stehen. Das Unternehmen agiert durch seine Tochtergesellschaften Afton Chemical, Ethyl und American Pacific (AMPAC), die chemische Zusätze für Erdölprodukte und Spezialmaterialien für die Luft- und Raumfahrt- sowie Verteidigungsindustrien entwickeln und herstellen.

Positive
  • Consistent dividend payment maintained at $2.50 per share quarterly
Negative
  • None.

RICHMOND, Va.--(BUSINESS WIRE)-- The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation. The dividend is payable January 2, 2025, to NewMarket shareholders of record at the close of business on December 16, 2024.

NewMarket Corporation is a holding company operating through its subsidiaries Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC). The Afton and Ethyl companies develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products. AMPAC is a manufacturer of specialty materials primarily used in solid rocket motors for the aerospace and defense industries. The NewMarket family of companies has a long-term commitment to its people, to safety, to providing innovative solutions for its customers, and to making the world a better place.

Some of the information contained in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although NewMarket’s management believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from expectations.

Factors that could cause actual results to differ materially from expectations include, but are not limited to, the availability of raw materials and distribution systems; disruptions at production facilities, including single-sourced facilities; hazards common to chemical businesses; the ability to respond effectively to technological changes in our industries; failure to protect our intellectual property rights; sudden, sharp, or prolonged raw material price increases; competition from other manufacturers; current and future governmental regulations; the loss of significant customers; termination or changes to contracts with contractors and subcontractors of the U.S. government or directly with the U.S. government; failure to attract and retain a highly-qualified workforce; an information technology system failure or security breach; the occurrence or threat of extraordinary events, including natural disasters, terrorist attacks, wars and health-related epidemics; risks related to operating outside of the United States; political, economic, and regulatory factors concerning our products; the impact of substantial indebtedness on our operational and financial flexibility; the impact of fluctuations in foreign exchange rates; resolution of environmental liabilities or legal proceedings; limitation of our insurance coverage; our inability to realize expected benefits from investment in our infrastructure or from acquisitions, or our inability to successfully integrate acquisitions into our business; the underperformance of our pension assets resulting in additional cash contributions to our pension plans; and other factors detailed from time to time in the reports that NewMarket files with the Securities and Exchange Commission, including the risk factors in Part I, Item 1A. “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2023 and Part II, Item 1A. “Risk Factors” of our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, which are available to shareholders at www.newmarket.com.

You should keep in mind that any forward-looking statement made by NewMarket in the foregoing discussion speaks only as of the date on which such forward-looking statement is made. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We have no duty to, and do not intend to, update or revise the forward-looking statements in this discussion after the date hereof, except as may be required by law. In light of these risks and uncertainties, you should keep in mind that the events described in any forward-looking statement made in this discussion, or elsewhere, might not occur.

William J. Skrobacz

Investor Relations

Phone: 804.788.5555

Fax: 804.788.5688

Email: investorrelations@newmarket.com

Source: NewMarket Corporation

FAQ

What is NewMarket 's (NEU) latest quarterly dividend amount for 2025?

NewMarket (NEU) declared a quarterly dividend of $2.50 per share, payable on January 2, 2025.

When is the record date for NewMarket's (NEU) Q1 2025 dividend?

The record date for NewMarket's dividend is December 16, 2024.

What are the main subsidiaries of NewMarket (NEU)?

NewMarket operates through three main subsidiaries: Afton Chemical , Ethyl , and American Pacific (AMPAC).

NewMarket Corporation

NYSE:NEU

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5.38B
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64.65%
0.68%
Specialty Chemicals
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RICHMOND