NewMarket Corporation
NEUBasic Materials · Stock · quarterly payer
Forward Yield
1.35%
Annual Dividend
$12.00
Payout Ratio
25%
5-Yr Growth
8.2%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, NewMarket Corporation (NEU) yields 1.35% ($12.00 per share annually), with a blended fair-value estimate of $985.11 — +10% upside, so it screens as fairly valued. Dividend safety grade: A (92/100). 7 years of dividend growth.
Is NEU a good dividend stock?
YesNewMarket Corporation (NEU) pays a quarterly dividend yielding 1.35% ($12.00/yr), with 7 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (25%)
- Strong 8.2% 5-yr dividend growth
- 162% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2006
Key Data
- Dividend Yield
- 1.35%
- Payout Ratio
- 25%
- Annual Dividend
- $12.00
- 5-Yr Avg Growth
- 8.2%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- 0.56
- Market Cap
- $8.2B
- P/E Ratio
- 19.3
- 5-Yr Total Return
- 162%
- 52-Week Range
- $580.03 – $981.66
- Dividend Safety
- A · 92/100
- Ever Cut?
- Yes (2006)
Frequently Asked Questions
NEU Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+85%
5 Years
+162%
52-Week Range
$580.03 – $981.66
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NEU worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for NewMarket Corporation is $985.11 per share, versus a market price of $891.87. That implies the stock is roughly fairly priced.
Fair Value
$985.11
Current Price
$891.87
Gap
+10%
Margin of Safety
9%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.7% annual free-cash-flow growth. We model 7.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.1% discount rate (CAPM), 7.7% stage-1 growth, 2.5% terminal growth, $46.47 EPS, $12.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NEU Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NEU dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $3.0000 | regular |
| Jun 15, 2026 | — | $3.0000 | regular |
| Mar 16, 2026 | — | $3.0000 | regular |
| Dec 15, 2025 | — | $3.0000 | regular |
| Sep 15, 2025 | — | $2.7500 | regular |
| Jun 16, 2025 | — | $2.7500 | regular |
| Mar 17, 2025 | — | $2.7500 | regular |
| Dec 16, 2024 | — | $2.5000 | regular |
| Sep 16, 2024 | — | $2.5000 | regular |
| Jun 14, 2024 | — | $2.5000 | regular |
| Mar 14, 2024 | — | $2.5000 | regular |
| Dec 14, 2023 | — | $2.2500 | regular |
| Sep 14, 2023 | — | $2.2500 | regular |
| Jun 14, 2023 | — | $2.2500 | regular |
Income Calculator
At $12.00 / yr per share
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