RICHMOND, Va.–(Company WIRE)–The Board of Administrators of NewMarket Corporation (NYSE:NEU) declared a quarterly dividend in the sum of $1.90 for each share on the popular stock of the Corporation. The dividend is payable January 4, 2021 to NewMarket shareholders of document at the shut of enterprise on December 15, 2020.
NewMarket Corporation, by way of its subsidiaries Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the overall performance of petroleum products and solutions. From customized-formulated additive packages to industry-normal additives, the NewMarket family of providers delivers the globe with the technologies to make engines operate smoother, equipment very last more time, and fuels burn off cleaner.
Some of the information contained in this press release constitutes forward-searching statements in just the indicating of the Private Securities Litigation Reform Act of 1995. Even though NewMarket’s management thinks its anticipations are based on sensible assumptions within the bounds of its know-how of its small business and functions, there can be no assurance that actual benefits will not differ materially from anticipations.
Factors that could cause genuine effects to differ materially from expectations contain, but are not limited to, the availability of raw resources and distribution units disruptions at creation facilities, like one-sourced amenities hazards typical to chemical firms the potential to respond efficiently to technological modifications in our industry failure to shield our intellectual house legal rights sudden or sharp raw materials cost boosts competitiveness from other companies recent and future governmental laws the achieve or loss of sizeable customers failure to entice and keep a extremely-skilled workforce an info technological innovation system failure or protection breach the event or threat of incredible events, which include purely natural disasters, terrorist assaults, and overall health-related epidemics this kind of as the COVID-19 pandemic pitfalls associated to running outdoors of the United States political, economic, and regulatory factors about our solutions the impression of sizeable indebtedness on our operational and fiscal adaptability the effects of fluctuations in international trade charges resolution of environmental liabilities or authorized proceedings limitation of our insurance coverage protection our incapability to notice envisioned rewards from financial commitment in our infrastructure or from new or future acquisitions, or our inability to properly integrate current or long term acquisitions into our enterprise the underperformance of our pension property resulting in supplemental hard cash contributions to our pension programs and other factors detailed from time to time in the stories that NewMarket data files with the Securities and Exchange Commission, together with the possibility variables in Merchandise 1A. “Risk Factors” of our 2019 Annual Report on Sort 10-K and Aspect II, IA. “Risk Factors” of our Quarterly Report on Type 10-Q for the quarterly interval ending March 31, 2020, which are out there to shareholders upon request.
You should really preserve in mind that any forward-seeking assertion made by NewMarket in the foregoing discussion speaks only as of the day on which these kinds of ahead-hunting assertion is designed. New risks and uncertainties crop up from time to time, and it is difficult for us to forecast these situations or how they may perhaps have an effect on the Firm. We have no responsibility to, and do not intend to, update or revise the ahead-on the lookout statements in this dialogue after the date hereof, besides as may well be demanded by regulation. In gentle of these risks and uncertainties, you must retain in thoughts that the occasions explained in any forward-looking statement produced in this dialogue, or in other places, may possibly not take place.