NewMarket raises its quarterly dividend to $3.25 from last payout
NewMarket Corporation (NEU) said on Oct. 29, 2026, that its board approved raising the quarterly dividend about 8% to $3.25 from $3.00, an annual rate of $13.00 from $12.00.
Key takeaways
- NewMarket Corporation (NEU) said on Oct. 29, 2026, that its board raised the quarterly dividend about 8% to $3.25 from $3.00, or $13.00 annually from $12.00. The dividend is payable Jan. 1, 2027, to shareholders of record at the close of business on Dec. 15, 2026.
NewMarket Corporation (NEU) said in a regulatory filing on Oct. 29, 2026, that its board of directors approved raising the quarterly dividend about 8% to $3.25 per share from $3.00.
On an annual basis, the new rate equals $13.00 per share, up from $12.00. The company said future dividends remain subject to quarterly determination and declaration by the board.
The current quarterly dividend is payable Jan. 1, 2027, to shareholders of record at the close of business on Dec. 15, 2026. The company issued a press release on the same day and attached it to the filing as Exhibit 99.1.
The increase is $0.25 per share, or approximately 8%, compared with the last quarterly dividend of $3.00 per share, the release said.
NewMarket is a holding company operating through its subsidiaries Afton Chemical Corporation, Ethyl Corporation, American Pacific Corporation and Calca Solutions, LLC.
The Afton and Ethyl companies develop and sell chemical additives that enhance the performance of petroleum products. American Pacific makes specialty materials used primarily in solid rocket motors, and Calca produces Ultra Pure and high-purity hydrazine for aerospace and defense uses, the release said.
The filing did not say how the higher payout fits into the company's other capital return plans.