Stepan Co. (SCL) Raises Quarterly Dividend 5.6% to $0.19; 1.6% Yield
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Go back to Stepan Co. (SCL) Raises Quarterly Dividend 5.6% to $0.19; 1.6% Yield
October 21, 2015 6:59 AM EDT
NORTHFIELD, Ill., Oct. 21, 2015 /PRNewswire/ -- Stepan Company (NYSE: SCL) today announced the appointment of Jan Stern Reed as a Director of the Company, effective immediately.
Ms. Reed currently serves as Senior Vice President, General Counsel and Corporate Secretary of Walgreens Boots Alliance, Inc. She also serves as Senior Vice President, General Counsel and Corporate Secretary of Walgreen Co., a position she has held since October 2014.    Â
Prior to joining Walgreens, Ms. Reed held key management, legal and human... More
October 21, 2015 6:55 AM EDT
NORTHFIELD, Ill., Oct. 21, 2015 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
Third Quarter Highlights
Reported net income was $24.9 million or $1.09 per diluted share, an 85% increase versus $13.5 million or $0.59 per diluted share in the prior year.
Adjusted net income* was $21.1 million or $0.92 per diluted share, a 35% increase versus $15.6 million or $0.68 per diluted share in the prior year.
Surfactant operating income was $21.8 million, a 96% increase versus prior year. Polymer operating income was $24.6 million, a 35% increase versus prior year.
Total...
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