Stepan Co. (SCL) Raises Quarterly Dividend 7.9% to $0.205; 1.2% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Stepan Reports Strong Third Quarter Results
October 18, 2016 6:58 AM EDTNORTHFIELD, Ill., Oct. 18, 2016 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
Third Quarter Highlights
Reported net income was $20.4 million, or $0.89 per diluted share, an 18% decrease versus $24.9 million, or $1.09 per diluted share, in the prior year. Adjusted net income* was $24.5 million, or $1.06 per diluted share, a 16% increase versus $21.1 million, or $0.92 per diluted share, in the prior year. Total company sales volume increased 2% for the quarter. Surfactant operating income was $20.7 million, a 5% decrease versus prior year. Most of this decrease was attributable to lower... MoreStepan Increases Quarterly Cash Dividend, Marking the Forty-Ninth Consecutive Year of Increases
October 18, 2016 6:58 AM EDTNORTHFIELD, Ill., Oct. 18, 2016 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
On October 17, 2016, the Board of Directors of Stepan Company declared a 7.9% increase in the Company's quarterly cash dividend on its common stock to $0.205 per share. The dividend is payable on December 15, 2016, to common stockholders of record on November 30, 2016. The increase marks the forty-ninth consecutive year in which the quarterly dividend rate on the Company's common stock has increased.
Corporate Profile
Stepan Company is a major manufacturer of specialty and intermediate chemicals used in... More
