Neo Performance Materials Inc. (NEO) To Go Ex-Dividend on September 18th

Neo Performance Materials Inc. (TSE:NEOGet Free Report) announced a quarterly dividend on Friday, September 18th. Shareholders of record on Monday, September 28th will be paid a dividend of 0.10 per share on Monday, September 28th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, September 18th.

Neo Performance Materials Price Performance

NEO stock opened at C$29.17 on Wednesday. The stock has a market capitalization of C$1.35 billion, a price-to-earnings ratio of 2,917.00 and a beta of 1.46. The firm’s 50-day moving average price is C$35.76 and its two-hundred day moving average price is C$31.05. The company has a current ratio of 2.06, a quick ratio of 1.92 and a debt-to-equity ratio of 34.03. Neo Performance Materials has a 12-month low of C$15.31 and a 12-month high of C$47.19.

Neo Performance Materials (TSE:NEOGet Free Report) last posted its earnings results on Tuesday, August 11th. The company reported C$0.73 earnings per share (EPS) for the quarter. The company had revenue of C$292.32 million for the quarter. Neo Performance Materials had a return on equity of 0.21% and a net margin of 0.15%. As a group, equities analysts predict that Neo Performance Materials will post 0.6753356 earnings per share for the current year.

Insider Buying and Selling

In other Neo Performance Materials news, Director Rahim Suleman bought 2,800 shares of Neo Performance Materials stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of C$36.38 per share, with a total value of C$101,864.00. Following the transaction, the director directly owned 481,997 shares of the company’s stock, valued at C$17,535,050.86. This represents a 0.58% increase in their ownership of the stock. Corporate insiders own 22.38% of the company’s stock.

Neo Performance Materials Company Profile

(Get Free Report)

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.

See Also

Dividend History for Neo Performance Materials (TSE:NEO)

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