NewMarket Corporation reports operating results, dividend actions, and segment updates for a holding company with businesses in petroleum performance additives and specialty materials. Through Afton Chemical and Ethyl, the company develops, manufactures, blends, and delivers additives that enhance petroleum and energy products. Through AMPAC and Calca Solutions, it manufactures specialty materials, including UltraPure and high-purity materials used in advanced aerospace applications.
Recurring developments include quarterly and annual earnings releases, segment operating profit trends, lubricant and energy-product additive demand, specialty materials volume changes, capacity investment, completed acquisitions, board-approved dividends, and conference-call scheduling. The petroleum performance additives segment operates across North America, Latin America, Asia Pacific, and EMEAI, while specialty materials operates primarily in North America.
The Board of Directors of NewMarket Corporation (NYSE:NEU) has declared a quarterly dividend of $1.90 per share on its common stock. This dividend is payable on January 4, 2021 to shareholders of record by December 15, 2020. NewMarket, through its subsidiaries, develops and delivers chemical additives that improve the performance of petroleum products, enhancing engine efficiency and fuel quality. The company notes potential risks affecting its operations, including raw material availability, production disruptions, and competition.
NewMarket Corporation (NYSE: NEU) will release its third quarter 2020 earnings on October 28, 2020, after the market closes. The earnings report will be accessible on the Company's website the following day. A conference call to discuss the financial results is scheduled for October 29, 2020, at 3:00 PM EDT. Investors can join the call by dialing 1-844-407-9500 domestically or 1-862-298-0850 internationally. A webcast of the call will also be available online, with a replay lasting until November 5, 2020.