Stepan Company (NYSE:SCL – Get Free Report) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.395 per share by the basic materials company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st.
Stepan has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 57 consecutive years. Stepan has a payout ratio of 38.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Stepan to earn $3.92 per share next year, which means the company should continue to be able to cover its $1.58 annual dividend with an expected future payout ratio of 40.3%.
Stepan Stock Performance
Shares of SCL opened at $66.19 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.26 and a debt-to-equity ratio of 0.28. Stepan has a 52-week low of $41.82 and a 52-week high of $68.00. The company has a 50-day simple moving average of $55.16 and a 200-day simple moving average of $53.72. The company has a market capitalization of $1.50 billion, a PE ratio of -106.76 and a beta of 0.95.
More Stepan News
Here are the key news stories impacting Stepan this week:
- Positive Sentiment: Q2 results substantially exceeded expectations. Stepan reported adjusted earnings of $1.18 per share versus the $0.61 analyst consensus, while revenue rose 15% year over year to $684.1 million, above the $635.9 million estimate. Stepan Q2 earnings report
- Positive Sentiment: Profitability improved sharply. Reported net income increased 102% to $22.9 million, while adjusted EBITDA climbed 45% to $74.4 million. Growth was supported by higher volumes and margin recovery in the Surfactant and Polymer businesses. Stepan Reports Second Quarter 2026 Results
- Positive Sentiment: Management’s turnaround message boosted investor sentiment. The earnings call highlighted strong EBITDA growth and progress on the company’s efficiency efforts, helping explain why the stock moved higher following the release. Stepan earnings call highlights
- Positive Sentiment: Dividend support remains intact. Stepan declared a quarterly dividend of $0.395 per share, payable September 15 to shareholders of record September 1, representing an annualized yield of approximately 2.4%. Stepan declares quarterly dividend
- Negative Sentiment: Restructuring carries near-term costs and execution risk. Project Catalyst includes plans to eliminate about 100 global salaried positions. Stepan expects $75 million to $80 million of restructuring charges for the full year, while second-quarter free cash flow was negative $15 million. Stepan Project Catalyst update
About Stepan
Stepan Company is a global manufacturer of specialty and intermediate chemicals, primarily known for its development and production of surfactants and related specialty products. The company’s portfolio includes a wide range of ingredients used to enhance the performance of consumer and industrial formulations, such as emulsifiers, foam control agents, odor control agents, antimicrobial products and performance additives. These products are integral components in cleaning solutions, personal care items, agrochemical formulations, coatings, oilfield treatments and polymer systems.
Serving a diverse set of end-markets, Stepan’s offerings address both consumer-facing and industrial applications.
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