NEU

Business Context and Reporting Period

Company: NewMarket Corporation (NEU)
Filing Type: Form 8-K (Current Report)
Date of Report: February 27, 2025
Event: Item 8.01 Other Events – Approval of quarterly dividend increase.

Key Financial Metrics

This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a capital allocation decision regarding dividends.

• Previous Quarterly Dividend: $2.50 per share
• New Quarterly Dividend: $2.75 per share
• Annualized Dividend (New): $11.00 per share
• Annualized Dividend (Previous): $10.00 per share
• Dividend Increase: 10%

Material Changes

The Board of Directors approved a 10% increase in the quarterly cash dividend. This represents a material change in the company's distribution policy compared to the prior period.

Guidance, Outlook, and Risks

Management Commentary: The Board approved the increase on February 27, 2025. Future dividends remain subject to quarterly determination and declaration by the Board.
Payment Schedule:

• Record Date: March 17, 2025
• Payment Date: April 1, 2025

Risks/Contingencies: The filing notes that future dividends are not guaranteed and depend on future Board determinations. No other risks or unusual items are disclosed in this specific report.

Investor Verification Checklist

• Verify the record date (March 17, 2025) to ensure eligibility for the $2.75 per share payment.
• Confirm the payment date of April 1, 2025, for cash flow planning.
• Review the attached press release (Exhibit 99.1) for any additional context on the Board's rationale.
• Note that this 8-K does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for operational metrics.