Stepan Co. (SCL) Misses Q3 EPS by 3c
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Stepan Co. (SCL) Announces $220M Investment to Expand Alkoxylation Capacity
October 20, 2021 6:58 AM EDTStepan Company (NYSE: SCL) announces today that it plans to build and operate a new alkoxylation plant at its existing Pasadena, Texas facility. Alkoxylates are a core surfactant technology critical to the agricultural, oilfield, construction and household end use markets. Stepan's $220.0 million investment is expected to provide a flexible capacity of 75,000 metric tons per year, capable of both ethoxylation and propoxylation, and better position the... More
Stepan Co. (SCL) Raises Quarterly Dividend 9.8% to $0.335; 1.1% Yield
October 20, 2021 6:55 AM EDTStepan Co. (NYSE: SCL) declared a quarterly dividend of $0.335 per share, or $1.34 annualized. This is a 9.8% increase from the prior dividend of $0.305.
The dividend will be payable on December 15, 2021, to stockholders of record on November 30, 2021, with an ex-dividend date of November 29,... More
