Neo Performance Materials Inc. (NEO) to Issue Quarterly Dividend of $0.10 on June 29th

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

Neo Performance Materials Stock Down 0.9%

Shares of NEO stock opened at C$33.43 on Wednesday. The company has a debt-to-equity ratio of 41.75, a quick ratio of 1.92 and a current ratio of 1.76. The firm’s 50-day moving average is C$28.64 and its 200-day moving average is C$23.15. The stock has a market cap of C$1.54 billion, a price-to-earnings ratio of -139.29 and a beta of 1.45. Neo Performance Materials has a 52-week low of C$11.91 and a 52-week high of C$35.76.

Neo Performance Materials (TSE:NEO) last issued its earnings results on Tuesday, May 12th. The company reported C$0.47 earnings per share (EPS) for the quarter. The company had revenue of C$215.44 million for the quarter. Neo Performance Materials had a negative net margin of 2.03% and a negative return on equity of 2.63%. Sell-side 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.