NewMarket Raises Quarterly Dividend About 8% to $3.25 a Share
NewMarket is raising its quarterly dividend by about 8%, to $3.25 a share from $3.00, according to an 8-K the Richmond, Virginia-based chemical additives and specialty materials company filed Thursday.
The increase of $0.25 a share lifts the annualized payout to $13.00 from $12.00, the filing said.
Payment timing
The new dividend is payable Jan. 1, 2027, to shareholders of record at the close of business on Dec. 15, 2026, according to the company's press release.
NewMarket said future dividends remain subject to quarterly determination and declaration by its board of directors.
In the release, the company also listed factors that could cause results to differ from expectations, including raw material availability and prices, risks tied to tariffs and trade policy, changes to U.S. government contracts, and the impact of substantial indebtedness on its flexibility.
What NewMarket does
NewMarket is a holding company that operates through four subsidiaries: Afton Chemical, Ethyl, American Pacific Corp., known as AMPAC, and Calca Solutions, according to the release.
Afton and Ethyl develop, manufacture, blend and deliver chemical additives that enhance the performance of petroleum products. AMPAC makes specialty materials used mainly in solid rocket motors for the aerospace and defense industries.
Calca, the release said, is the nation's leading producer of Ultra Pure and high-purity hydrazine, which the company described as essential propellants for advanced aerospace and defense applications.
By the numbers
- $3.25: new quarterly dividend per share
- $3.00: prior quarterly dividend
- About 8%: size of the increase
- $13.00: annualized dividend, up from $12.00
- Dec. 15: record date
- Jan. 1, 2027: payment date
The company announced the increase in an Oct. 29 press release attached to the 8-K, which was accepted by the Securities and Exchange Commission shortly after 5 p.m. ET Thursday, after the regular trading session closed.
Sources
- NewMarket Form 8-K with dividend increase press release (Item 8.01, Exhibit 99.1), filed Oct. 29, 2026 (accession 0001193125-26-438002)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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