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NewMarket Corporation Increases Quarterly Dividend

1. NewMarket Corporation declares a 10% dividend increase to $2.75 per share. 2. The increased dividend reflects strong financial performance and commitment to shareholders.

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FAQ

Why Bullish?

A dividend increase typically indicates strong cash flow and investor confidence. Historically, dividend hikes have often positively influenced stock prices.

How important is it?

The increase in dividend signifies financial health, enhancing investor sentiment and attracting new shareholders.

Why Short Term?

The immediate effect of the dividend announcement can drive short-term stock interest. Investors often react quickly to favorable dividend news.

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AFTN
RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.75 per share on the common stock of the Corporation, an increase of $0.25, or 10%, as compared to the last quarterly dividend of $2.50 per share. The dividend is payable April 1, 2025, to NewMarket shareholders of record at the close of business on March 17, 2025. NewMarket Corporation is a holding company operating through its subsidiaries, Afton Chemica.

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