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

Neo Performance Materials Inc. (TSE:NEO) announced a quarterly dividend on Friday, September 18th. Shareholders 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 yield of 1.4%. The ex-dividend date of this dividend is Friday, September 18th.

Neo Performance Materials Stock Performance

Neo Performance Materials stock opened at C$29.17 on Wednesday. The company has a market cap of C$1.35 billion, a price-to-earnings ratio of 2,917.00 and a beta of 1.46. Neo Performance Materials has a 12 month low of C$15.31 and a 12 month high of C$47.19. The company has a debt-to-equity ratio of 34.03, a current ratio of 2.06 and a quick ratio of 1.92. The stock’s 50-day moving average is C$35.76 and its 200-day moving average is C$31.05.

Neo Performance Materials (TSE:NEO) last issued its earnings results on Tuesday, August 11th. The company reported C$0.73 earnings per share (EPS) for the quarter. The business had revenue of C$292.32 million during the quarter. Neo Performance Materials had a return on equity of 0.21% and a net margin of 0.15%. Equities analysts anticipate 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.