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Neo Performance Materials Inc. manufactures and sells rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, micro motors, traction motors, sensors, and other applications. The Chemicals and Oxides segments manufactures and distributes a range of industrial materials for use in auto catalysts, petroleum refining and other chemical catalysts, magnets, hybrid and electric vehicles, water treatment, consumer electronics, and other applications. The Rare Metals segment sources, produces, reclaims, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium. Its products are applied in super alloys for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications. The company was founded in 1994 and is headquartered in Toronto, Canada.

Neo Performance Materials Dividend Announcement

Neo Performance Materials announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-17
Neo Performance Materials annual dividend for 2024 was $0.29
Neo Performance Materials annual dividend for 2023 was $0.30
Neo Performance Materials's trailing twelve-month (TTM) dividend yield is 4.95%
Neo Performance Materials's payout ratio for the trailing twelve months (TTM) is -559.52%
Neo Performance Materials's dividend growth over the last five years (2018-2023) was -4.78% year

Neo Performance Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-17$0.07quarterly2024-12-27
2024-09-17$0.07quarterly2024-09-27
2024-06-18$0.07quarterly2024-06-27
2024-03-15$0.07quarterly2024-03-27
2023-12-15$0.07quarterly2023-12-28
2023-09-19$0.07quarterly2023-09-29
2023-06-20$0.08quarterly2023-06-29
2023-03-17$0.07quarterly2023-03-29
2022-12-19$0.07quarterly2022-12-29
2022-09-19$0.08quarterly2022-09-29
2022-06-17$0.08quarterly2022-06-28
2022-03-21$0.08quarterly2022-03-30
2021-12-17$0.08quarterly2021-12-30
2021-09-17$0.08quarterly2021-09-29
2021-06-17$0.08quarterly2021-06-28
2021-03-19$0.08quarterly2021-03-30
2020-12-17$0.08quarterly2020-12-30
2020-09-16$0.08quarterly2020-09-29
2020-06-16$0.07quarterly2020-06-26
2020-03-17$0.07quarterly2020-03-27
2019-12-19$0.08quarterly2019-12-30
2019-09-18$0.08quarterly2019-09-27
2019-06-19$0.07quarterly2019-06-28
2019-05-17$0.10quarterly
2019-03-21$0.10quarterly2019-03-29
2018-12-19$0.10quarterly2018-12-28
2018-09-20$0.10quarterly2018-09-28
2018-06-21$0.10quarterly2018-06-29
2018-03-21$0.10quarterly2018-03-29

Neo Performance Materials Dividend per year

Neo Performance Materials Dividend growth

Neo Performance Materials Dividend Yield

Neo Performance Materials current trailing twelve-month (TTM) dividend yield is 4.95%. Interested in purchasing Neo Performance Materials stock? Use our calculator to estimate your expected dividend yield:

Neo Performance Materials Financial Ratios

P/E ratio-108.20
PEG ratio23.02
P/B ratio0.59
ROE-0.54%
Payout ratio-559.52%
Current ratio2.59
Quick ratio1.58
Cash Ratio0.47

Neo Performance Materials Dividend FAQ

How much is the next Neo Performance Materials dividend?
Neo Performance Materials's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Neo Performance Materials dividend. The next Neo Performance Materials dividend will be released in March, June, September, or December.
When is Neo Performance Materials dividend paid?
Neo Performance Materials pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Neo Performance Materials pay?
The specific amount of Neo Performance Materials dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Neo Performance Materials's dividend history.
Does Neo Performance Materials stock pay dividends?
Yes, Neo Performance Materials does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Neo Performance Materials's dividend history.
How much dividend does Neo Performance Materials pay?
Neo Performance Materials paid $0.291 in 2024, $0.297 in 2023, $0.305 in 2022, $0.318 in 2021, and $0.298 in 2020.
How often does Neo Performance Materials pay dividends?
Neo Performance Materials typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Neo Performance Materials's dividend yield?
The current dividend yield for Neo Performance Materials is 4.95%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Neo Performance Materials's exact dividend yield.
When does Neo Performance Materials go ex dividend?
Neo Performance Materials's ex-dividend date for the latest dividend was on 2024-12-17. Neo Performance Materials typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Neo Performance Materials dividend paid?
Neo Performance Materials pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Neo Performance Materials increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Neo Performance Materials will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Neo Performance Materials dividend per share?
Neo Performance Materials paid $0.291 per share in 2024 and $0.297 per share in 2023. The amount of dividend per share that Neo Performance Materials pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Neo Performance Materials a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Neo Performance Materials a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Neo Performance Materials a dividend stock?
Yes, Neo Performance Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Neo Performance Materials a good dividend stock?
Whether Neo Performance Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Neo Performance Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Neo Performance Materials as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Neo Performance Materials pay dividends monthly?
Neo Performance Materials typically pays dividends on a quarterly basis.
Does Neo Performance Materials pay dividends quarterly?
Neo Performance Materials currently pays dividends on a quarterly basis.
Has Neo Performance Materials ever paid a dividend?
Yes, Neo Performance Materials has a history of paying dividends to its shareholders. Neo Performance Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Neo Performance Materials dividend stocks?
To buy Neo Performance Materials you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Neo Performance Materials stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Neo Performance Materials pay dividends 2024?
Neo Performance Materials pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Neo Performance Materials increase its dividend in 2024?
Decisions regarding Neo Performance Materials dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Neo Performance Materials dividend overview you can look into the above table of dividend history.
How Neo Performance Materials dividend works?
The Neo Performance Materials dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Neo Performance Materials's dividend process works:

1. Determination of Dividend: Neo Performance Materials's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Neo Performance Materials publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Neo Performance Materials distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Neo Performance Materials are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Neo Performance Materials dividends paid?
Neo Performance Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Neo Performance Materials sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Neo Performance Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Neo Performance Materials declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Neo Performance Materials pay dividends?
Neo Performance Materials typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Neo Performance Materials pay dividends?
The general pattern is that Neo Performance Materials pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Neo Performance Materials dividend safe?
The safety of Neo Performance Materials's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Neo Performance Materials's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Neo Performance Materials's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.