Neo Performance Materials Inc. (TSE:NEO) Announces $0.10 Quarterly Dividend

Neo Performance Materials Inc. (TSE:NEO) announced a quarterly dividend on Friday, June 19th, TickerTech Dividends reports. Shareholders of record on Monday, June 29th will be paid a dividend of 0.10 per share on Monday, June 29th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, June 19th.

Neo Performance Materials Stock Performance

Shares of TSE:NEO opened at C$33.43 on Wednesday. The stock has a market capitalization of C$1.54 billion, a P/E ratio of -139.29 and a beta of 1.45. Neo Performance Materials has a 1-year low of C$11.91 and a 1-year high of C$35.76. The company has a current ratio of 1.76, a quick ratio of 1.92 and a debt-to-equity ratio of 41.75. The business has a 50-day moving average price of C$28.64 and a two-hundred day moving average price of C$23.15.

Neo Performance Materials (TSE:NEO) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.47 earnings per share for the quarter. The firm had revenue of C$215.44 million during the quarter. Neo Performance Materials had a negative return on equity of 2.63% and a negative net margin of 2.03%. Equities analysts predict that Neo Performance Materials will post 0.6753356 earnings per share for the current year.

About Neo Performance Materials

Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products fast-forward technologies for the net-zero transition. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals.