A Closer Look at NewMarket (NEU) Valuation After Dividend Boost and Growth Moves Following Softer Q3 Results

NewMarket reported a dip in third-quarter revenue and profit, citing lower product shipments and higher costs. Alongside these results, the company increased its quarterly dividend and continued investing in new growth initiatives and operational improvements. See our latest analysis for NewMarket. Even with softer quarterly numbers and a recent pullback in the past month, NewMarket’s share price is still riding a powerful wave, boasting a 50.4% rise so far this year. Its three-year total...