Newmarket's latest dividend of $2.5 per share was on Sep 16, 2024 (ex-date). The annualized dividend distribution of $9.75 per share represents a current dividend yield of 1.82%.
NEU has a dividend yield of 1.82% which is lower than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 2.05%, Newmarket's dividend yield is 11% lower. Historically NEU's dividend yield has averaged at 2.1% in the last 5 years, which is higher than the current one.
Newmarket has a dividend history dating as far as 1994, but lately the company has recorded 18 consecutive years of dividend payments. Our records of NEU show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 12% since twelve months ago. And with the price of the stock up by 3.9% from a year ago, the dividend yield marks an increase of 8%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 16, 2024 | $2.5 | 1.74% |
Jun 14, 2024 | $2.5 | 1.81% |
Mar 14, 2024 | $2.5 | 1.49% |
Dec 14, 2023 | $2.25 | 1.58% |
Sep 14, 2023 | $2.25 | 1.93% |
Jun 14, 2023 | $2.25 | 2.11% |
Mar 14, 2023 | $2.1 | 2.45% |
Dec 14, 2022 | $2.1 | 2.7% |
Sep 14, 2022 | $2.1 | 2.85% |
Jun 14, 2022 | $2.1 | 2.9% |
Mar 14, 2022 | $2.1 | 2.61% |
Dec 14, 2021 | $2.1 | 2.45% |
Sep 14, 2021 | $2.1 | 2.41% |
Jun 14, 2021 | $1.9 | 2.3% |
Mar 12, 2021 | $1.9 | 1.95% |
Dec 14, 2020 | $1.9 | 1.92% |
Sep 14, 2020 | $1.9 | 2.06% |
Jun 12, 2020 | $1.9 | 1.93% |
Mar 13, 2020 | $1.9 | 2.01% |
Dec 13, 2019 | $1.9 | 1.52% |
Sep 13, 2019 | $1.9 | 1.57% |
Jun 14, 2019 | $1.75 | 1.73% |
Mar 14, 2019 | $1.75 | 1.61% |
Dec 14, 2018 | $1.75 | 1.78% |
Sep 14, 2018 | $1.75 | 1.76% |
Jun 14, 2018 | $1.75 | 1.78% |
Mar 14, 2018 | $1.75 | 1.68% |
Dec 14, 2017 | $1.75 | 1.84% |
Sep 14, 2017 | $1.75 | 1.62% |
Jun 13, 2017 | $1.75 | 1.43% |
Mar 13, 2017 | $1.75 | 1.47% |
Dec 13, 2016 | $1.6 | 1.48% |
Sep 13, 2016 | $1.6 | 1.53% |
Jun 13, 2016 | $1.6 | 1.55% |
Mar 11, 2016 | $1.6 | 1.54% |
Dec 11, 2015 | $1.6 | 1.53% |
Sep 11, 2015 | $1.4 | 1.45% |
Jun 11, 2015 | $1.4 | 1.14% |
Mar 12, 2015 | $1.4 | 1.07% |
NEU has a payout ratio of 21.6% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 41.8%, Newmarket's payout ratio is 48% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CVX Chevron Corp | 4.03% | $6.52 | 71.3% |
XOM Exxon Mobil Corp | 3.14% | $3.84 | 47.8% |
NEU Newmarket Corp | 1.8% | $9.75 | 21.6% |
IOSP Innospec Inc | 1.29% | $1.55 | 26.9% |
Yes, Newmarket has paid four dividends in the last twelve months. NEU has been paying dividends since 2006.
Newmarket's last dividend ex-date was on Sep 16, 2024. The dividend amount was $2.5 per share.
NEU has paid dividend of $9.75 per share in the last year.
Currently Newmarket's dividend yield is 1.82%.
Newmarket pays dividends quarterly.
The dividend payout ratio of Newmarket is 21.6%.
Newmarket's dividend yield is lower than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.