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PITTSBURGH - Koppers Holdings Inc. (NYSE:KOP) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of common stock. The company has consistently raised its dividend for three consecutive years, with a current dividend yield of 0.99% and impressive year-over-year dividend growth of 14.29%.
The dividend will be payable on September 15, 2025, to shareholders of record as of the close of trading on August 29, 2025.
The integrated provider of treated wood products, wood treatment chemicals, and carbon compounds stated that it expects to continue paying regular quarterly dividends, though future declarations remain subject to Board approval.
The Board will base future dividend decisions on various factors including the company’s financial position, results of operations, cash flows, capital requirements, and applicable legal requirements.
Koppers employs approximately 2,100 people globally and provides treated wood products and preservation technologies for infrastructure elements such as railroad crossties, utility poles, and outdoor wooden structures.
The announcement was made in a press release issued by the company.
In other recent news, Koppers Holdings Inc. reported its Q1 2025 earnings, surpassing earnings per share (EPS) expectations with a reported $0.71, compared to the forecasted $0.56. However, the company’s revenue fell short, coming in at $456.5 million against an anticipated $488 million. Additionally, Koppers has extended the maturity date of its $800 million revolving credit facility to June 17, 2030. This extension includes modifications to financial covenants and adjustments to interest rate margins. In a strategic move, Koppers appointed James A. Sullivan as President and Chief Transformation Officer, effective June 1, 2025. Sullivan is set to lead the company’s transformation initiative, known as Catalyst, focusing on enhancing performance across the organization. CEO Leroy Ball expressed confidence in Sullivan’s ability to align the company’s current strategy with its long-term vision for 2030. These developments reflect Koppers’ ongoing efforts to strengthen its financial and operational standing.
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