Stepan Co. (SCL) Raises Quarterly Dividend 9% to $0.365; 1.5% Yield
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Stepan Increases Quarterly Cash Dividend, Marking the 55th Consecutive Year of Increases
October 19, 2022 6:55 AM EDTNORTHBROOK, Ill., Oct. 19, 2022 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported:
On October 18, 2022, the Board of Directors of Stepan Company approved an increase of $0.030 per share, or 9.0%, on its quarterly cash dividend on its common stock. The dividend of $0.365 per share is payable on December 15, 2022, to common stockholders of record on November 30, 2022. The increase marks the 55th consecutive year in which the quarterly dividend rate on the Company's common stock has... More
