DividendOct 29, 2026, 05:06 PM
NewMarket Corp Hikes Quarterly Dividend 8% to $3.25
AI Summary
NewMarket Corporation announced that its Board of Directors has approved an approximately 8% increase in its quarterly dividend. The dividend will rise from $3.00 per share to $3.25 per share, bringing the annual dividend to $13.00 per share from $12.00 per share. The dividend is payable on January 1, 2027, to shareholders of record on December 15, 2026. Future dividends remain subject to quarterly determination by the Board.
Key Highlights
- NewMarket Corporation's Board of Directors approved a quarterly dividend increase of approximately 8%.
- The quarterly dividend will rise from $3.00 per share to $3.25 per share.
- This represents an annual dividend of $13.00 per share, up from $12.00 per share.
- The current quarterly dividend is payable on January 1, 2027.
- Shareholders of record as of the close of business on December 15, 2026, will receive the dividend.
Price Impact
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