Stepan Company (SCL) PT Lowered to $93 at Stifel

Go back to Stepan Company (SCL) PT Lowered to $93 at Stifel

Stepan Reports Third Quarter Results

October 18, 2023 6:55 AM EDT

NORTHBROOK, Ill., Oct. 18, 2023 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported:

Third Quarter Highlights

Reported net income was $12.6 million, or $0.55 per diluted share, versus a record $39.4 million, or $1.71 per diluted share, in the prior year.  Adjusted net income* was $14.7 million, or $0.64 per... More

Stepan Increases Quarterly Cash Dividend, Marking the 56th Consecutive Year of Increases

October 18, 2023 6:55 AM EDT

NORTHBROOK, Ill., Oct. 18, 2023 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported:

On October 17, 2023, the Board of Directors of Stepan Company approved an increase of $0.010 per share, or 2.7%, on its quarterly cash dividend on its common stock. The dividend of $0.375 per share is payable on December... More