NewMarket Corp (NEU) Dividends

NEU Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of NEU, the DDM model generated by StockNews estimates a return of positive 4.32% in comparison to its current price. To help understand and contextualize the model's evaluation of NEU, investors may wish to consider are:

• In comparison to other US listed dividend yielding stocks in the Basic Materials sector, Newmarket Corp's expected return of 4.32% is higher than 85.04% of its fellow sector mates.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, Newmarket Corp bears a discount rate, according to our calculations, lower than 85.04% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for NEU than it is for 91.34% of other equities in the Basic Materials sector that also issue dividends.
• In comparison to its fellow dividend issuing stocks in the Basic Materials sector, Newmarket Corp has an equity discount rate lower than 91.34% of them.

NEU Dividends vs. Peers