Stepan Co. (SCL) Raises Quarterly Dividend 9.8% to $0.225; 1% Yield
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Stepan Increases Quarterly Cash Dividend, Marking the 50th Consecutive Year of Increases
October 25, 2017 6:59 AM EDTNORTHFIELD, Ill., Oct. 25, 2017 /PRNewswire/ --Â Stepan Company (NYSE: SCL) today reported:
On October 24, 2017, the Board of Directors of Stepan Company approved an increase of $0.02 per share or 10% on its quarterly cash dividend on its common stock. The dividend is payable on December 15, 2017, to common stockholders of record on November 30, 2017. The increase marks the 50th consecutive year in which the quarterly dividend rate on the Company's common stock has increased.
Corporate ProfileStepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of... More
