Page title
Section title
- Dividend Yield
- 1.79%
- Payout Ratio
- 22.04%
- Dividend Amount Per Share
- $9.50
- Last Ex-Dividend Date
- Sep 16, 2024
NEU Dividend Safety
NEU paid out 22.04% of its $389M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
NEU's Dividend Payout Ratio of 22.037% is considered safe for the Basic Materials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
NEU's Interest Coverage Ratio of 10.889 indicates strong financial health with easy coverage of interest expenses.
Income Quality
NEU shows excellent income quality with a ratio of 1.483. This indicates high-quality earnings and low risk of dividend cuts.
NEU Dividend Growth
NewMarket Corporation(NEU) offers a dividend yield of 1.79% and pays $9.50 in dividends per share. Explore the historical dividend growth of NEU.
Dividend Stability
NEU has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
NEU's dividend payments have shown moderate growth, growing by 5.642% annually over the last 5 years.
Earnings Growth
NEU's earnings have grown by 8.867% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
NEU Dividend Yield Attractiveness
NewMarket Corporation(NEU) provides a dividend yield of 1.79%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.41%
1.79%
2.14%
2.88%
Dividend Yield
NEU's dividend yield of 1.79% is considered good compared to the sector average of 2.879%, providing a strong safety margin for investors.
NEU Cash Flow
Over the past 12 months, NEU generated $3B in revenue, produced $491M in free cash flow, and distributed $91M in dividends.
Free Cash Flow Growth
NEU's free cash flow has grown by 13.177% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
NEU Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by NewMarket Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.