Today’s Dividend On Watch: Will Nov 24, 2016 be the day Innospec Inc. (NASDAQ:IOSP) makes dividends of $0.34?

Today's Dividend On Watch: Will Nov 24, 2016 be the day Innospec Inc. (NASDAQ:IOSP) makes dividends of $0.34?

Innospec Inc. (NASDAQ:IOSP) is expected to pay $0.34 on Nov 24, 2016. The indicated annual dividend is $0.68. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Innospec Inc.’s current price of $56.50, the dividend is 0.60%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 3, 2016. The stock increased 0.53% or $0.3 during the last trading session, hitting $56.5. Innospec Inc. (NASDAQ:IOSP) has risen 30.97% since April 7, 2016 and is uptrending. It has outperformed by 26.19% the S&P500.

Innospec Inc. develops, manufactures, blends, markets and supplies fuel additives, oilfield chemicals, personal care and fragrance ingredients and other specialty chemicals. The company has a market cap of $1.37 billion. The Firm operates in three divisions: Fuel Specialties, Performance Chemicals and Octane Additives. It has a 15.24 P/E ratio. The Company’s products are sold to gas and oil exploration and production companies, oil refineries, personal care and fragrance companies, and other chemical and industrial companies.

Innospec Inc. (NASDAQ:IOSP) Ratings Coverage

Out of 3 analysts covering Innospec (NASDAQ:IOSP), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Innospec has been the topic of 3 analyst reports since October 12, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by Monness Crespi & Hardt given on Monday, October 12. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, April 5. The stock of Innospec Inc. (NASDAQ:IOSP) has “Buy” rating given on Friday, November 4 by Monness Crespi.

More recent Innospec Inc. (NASDAQ:IOSP) news were published by: Marketwatch.com which released: “Innospec upgraded to overweight from sector weight at KeyBanc Capital” on February 18, 2011. Also Quotes.Wsj.com published the news titled: “Innospec Inc. IOSP (US: Nasdaq)” on February 12, 2011. Streetinsider.com‘s news article titled: “Form 8-K INNOSPEC INC. For: Nov 02” with publication date: November 03, 2016 was also an interesting one.

IOSP Company Profile

Innospec Inc., incorporated on January 13, 2006, develops, makes, blends, markets and supplies fuel additives, oilfield chemicals, personal care and fragrance ingredients and other specialty chemicals. The Firm operates in three divisions: Fuel Specialties, Performance Chemicals and Octane Additives. The Company’s products are sold to gas and oil exploration and production companies, oil refineries, personal care and fragrance companies, and other chemical and industrial companies. The Company’s oilfield specialties business supplies drilling and production chemicals for exploration and production. The Company’s Octane Additives business makes products for use in automotive gasoline and provides services in respect of environmental remediation.

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