Stepan Declares Quarterly Dividend
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July 20, 2016 7:02 AM EDT
Stepan Co. (NYSE: SCL) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.
The dividend will be payable on September 15, 2016, to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016.
The annual yield on the dividend is 1.2 percent.
For... More
July 20, 2016 7:02 AM EDT
Stepan Co. (NYSE: SCL) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.
The dividend will be payable on September 15, 2016, to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016.
The annual yield on the dividend is 1.2 percent.
For... More
July 20, 2016 7:01 AM EDT
Stepan Co. (NYSE: SCL) reported Q2 EPS of $1.31, $0.14 better than the analyst estimate of $1.17. Revenue for the quarter came in at $454.6 million versus the consensus estimate of $453.45 million.
Outlook
"After a record first half, we remain optimistic about our core business for the balance of the year. Our business should continue to benefit from higher laundry volumes within our Surfactant business and rigid polyol volumes within Polymers. We expect higher raw material costs to slightly reduce margins. Our internal efficiency program should... More
