Financial Update: Stepan Co Declares Quarterly Dividend
NORTHBROOK, Ill., July 30, 2025 /PRNewswire/ – Stepan Company (NYSE: SCL), a prominent player in the chemicals sector, has announced a quarterly cash dividend of $0.385 per share. This dividend is scheduled to be payable on September 15, 2025, to shareholders of record as of August 31, 2025. The declaration reflects Stepan’s commitment to returning value to its shareholders and underscores the company’s stable financial performance.
Company Overview
Stepan Company and its subsidiaries are specialized in producing specialty and intermediate chemicals. These products are sold to manufacturers who further process them into a variety of end products, including cleaning or washing compounds, paints, cosmetics, and food and beverages. Stepan’s diverse product range includes surfactants, polymers, and specialty products, catering to a broad customer base.
Financial Highlights
- Close Price (2025-07-28): $55.24
- 52 Weeks High (2024-07-31): $86
- 52 Weeks Low (2025-04-08): $44.23
- Market Cap: $1.28 billion USD
- Price Earnings Ratio: 23.11
Stepan is listed on the New York Stock Exchange and operates primarily in the materials sector, focusing on the chemicals industry. For more detailed information about the company and its offerings, interested parties can visit their website at www.stepan.com .
Other Market News
While Stepan Co’s dividend declaration is a significant event for its shareholders, other companies have also made notable announcements:
- Shree Cement Limited has reaffirmed its credit rating by CRISIL Ratings Limited, as per SEBI regulations.
- Semac Construction Technologies India Private Limited, a wholly-owned subsidiary of Semac Construction Ltd., is undergoing a scheme of amalgamation under sections 230 to 232.
- Saurashtra Cement Limited has scheduled its 67th Annual General Meeting (AGM) for August 29, 2025, to be conducted via video conferencing.
These updates reflect ongoing activities and strategic decisions within the broader market, highlighting the dynamic nature of the financial landscape.