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

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

Neo Performance Materials Stock Performance

Shares of NEO stock opened at C$29.17 on Wednesday. The firm’s 50 day moving average price is C$35.76 and its 200-day moving average price is C$31.05. The company has a debt-to-equity ratio of 34.03, a quick ratio of 1.92 and a current ratio of 2.06. Neo Performance Materials has a one year low of C$15.31 and a one year high of C$47.19. The firm has a market cap of C$1.35 billion, a P/E ratio of 2,917.00 and a beta of 1.46.

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

Neo Performance Materials Company Profile

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.