Stepan Co. (SCL) Raises Quarterly Dividend 7.9% to $0.205; 1% Yield

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Stepan Declares Quarterly Dividend

February 22, 2017 6:59 AM EST

NORTHFIELD, Ill., Feb. 22, 2017 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported:

On February 21, 2017, the Board of Directors of Stepan Company declared a quarterly cash dividend on its common stock of $0.205 per share.  The dividend is payable on March 15, 2017, to common stockholders of record on March 3, 2017.  The Company increased its quarterly cash dividend in the fourth quarter of 2016 by $0.015 per share, marking the 49th consecutive year that the company has increased its cash dividend to shareholders. 

Corporate Profile

Stepan Company is a major manufacturer of specialty and... More