Discover last month's biggest dividend increase announcements from the materials sector
Dividends
May 5, 2023
May 4, 2023
Methanex Corporation (MX: MEOH), a leading global supplier of methanol, has recently made an exciting announcement. Methanex's Board of Directors has given the green light for a 6% boost in its quarterly dividend, with the new amount set at US$0.185 per share, up from US$0.175 per share. This decision reflects Methanex's commitment to delivering value to its shareholders. The increased dividend, which will be effective from June 30, 2023, benefiting common shareholders recorded as of June 16, 2023, highlights Methanex's strong financial performance and positive outlook.
NewMarket Corporation (NEU) recently announced an increase in its quarterly dividend to $2.25 per share on the common stock, up by $0.15 from the previous quarter. This decision reflects Newmarket's commitment to providing value to its shareholders. NewMarket, through its subsidiaries Afton Chemical Corporation and Ethyl Corporation, specializes in developing and delivering chemical additives that enhance the performance of petroleum products. The dividend increase can be attributed to Newmarket's strong financial performance and positive outlook. NewMarket's dedication to technological advancements, customer satisfaction, and its ability to adapt to industry changes position it well for future growth. However, investors should remain mindful of potential risks and uncertainties, as outlined in Newmarket's reports filed with the Securities and Exchange Commission. NewMarket will continue to monitor market conditions and strive to maximize shareholder value.
H.B. Fuller Company, a leading provider of adhesives, sealants, and other specialty chemical products, recently announced an 8% increase in its regular quarterly cash dividend. The dividend has been raised from $0.19 per share of common stock to $0.205 per share, marking the 54th consecutive year of dividend increases for H.B. Fuller. This decision by the Board of Directors reflects H.B. Fuller's commitment to rewarding its shareholders and underscores the company's strong financial performance and stability. The dividend increase is a result of H.B. Fuller's continued growth and profitability, as well as its ability to generate consistent cash flows.
Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions,and let LevelFields help you become a better trader.
Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.