DIVIDEND ANNOUNCEMENT: Stepan Co. (NYSE:SCL) on 10/18/2023 declared a dividend of $0.3750 per share

Stepan Co. (NYSE:SCL) on 10/18/2023 declared a dividend of $ 0.3750 per share payable on December 15, 2023 to shareholders of record as of November 30, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Stepan Co. (NYSE:SCL) has paid dividends since 1990, has a current dividend yield of 2.1978023052% and has increased its dividends for 55 successive years.

Stepan Co.'s market cap is $ 1,484,776,930 and has a PE ratio of 19.31. The stock price closed yesterday at $ 66.43 and has a 52 week low/high of $ 63.60 and $ 114.97.

Stepan produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. Co. has three reportable segments: Surfactants, which are chemical agents that can provide actions such as detergency (i.e., the ability of water to remove soil from another surface), wetting and foaming, dispersing, emulsification (aiding two dissimilar liquids to mix), demulsification, viscosity modifications and biocidal disinfectants; Polymers, which include polyurethane polyols, polyester resins and phthalic anhydride; and Specialty Products, which are chemicals used in food, flavoring, nutritional supplement and pharmaceutical applications.

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