Stepan Co. (SCL) Announces Quarterly Dividend of $0.17
Stepan (NYSE:SCL) announced a quarterly dividend on Monday, October 21st, AmericanBankingNews.com reports. Stockholders of record on Friday, November 29th will be paid a dividend of $0.17 per share on Friday, December 13th. This represents a $0.68 annualized dividend and a dividend yield of 1.12%.
Stepan (NYSE:SCL) opened at 60.61 on Monday. Stepan has a 52 week low of $44.89 and a 52 week high of $64.99. The stock has a 50-day moving average of $57.27 and a 200-day moving average of $57.23. The company has a market cap of $1.345 billion and a price-to-earnings ratio of 17.97.
Stepan (NYSE:SCL) last announced its earnings results on Monday, October 21st. The company reported $0.92 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.93 by $0.01. The company had revenue of $475.50 million for the quarter, compared to the consensus estimate of $467.40 million.
Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and then made into a variety of end products.
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