Stepan Co. (SCL) Raises Quarterly Dividend 7.7% to $0.28; 1.5% Yield

Stepan Co. (NYSE: SCL) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 7.7% increase from the prior dividend of $0.26.

The dividend will be payable on December 15, 2011, to stockholders of record on November 30, 2011, with an ex-dividend date of November 28, 2011.

The annual yield on the dividend is 1.5 percent.

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