Stepan declares quarterly dividend of $0.385 per share

NORTHBROOK, Ill. - Stepan Company (NYSE:SCL), a specialty chemicals manufacturer with a market capitalization of $1.25 billion, announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.385 per share on the company’s common stock, representing a 2.79% yield. The dividend will be payable on September 15, 2025, to stockholders of record as of August 29, 2025.

This marks the 57th consecutive year that Stepan has increased its cash dividend to stockholders. According to InvestingPro, the company has maintained dividend payments for 55 consecutive years, making it a notable dividend aristocrat. The company previously raised its quarterly dividend by $0.010 per share in the fourth quarter of 2024. For comprehensive dividend analysis and 7 additional exclusive insights, investors can access the full InvestingPro Research Report.

Stepan Company is a manufacturer of specialty and intermediate chemicals used across various industries. The company produces surfactants for cleaning and disinfection products, agricultural and oilfield solutions, as well as polyurethane polyols for thermal insulation and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.

The company operates production facilities throughout North and South America, Europe, and Asia, with its headquarters in Northbrook, Illinois. Stepan’s common stock trades on the New York Stock Exchange under the symbol SCL.

The dividend announcement was made in a press release issued by the company.

In other recent news, Stepan Company has announced a 25% increase in its production capacity of Alpha Olefin Sulfonates (AOS), a key ingredient in various cleaning and personal care products. This expansion is due to strategic investments and process improvements at its facilities in Millsdale, Illinois; Anaheim, California; and Winder, Georgia. Additionally, Stepan Company has agreed to sell its subsidiary’s manufacturing assets in the Philippines to Masurf, Inc., aligning with its strategy to focus on core growth areas. The terms of the sale remain undisclosed, but it includes a tolling agreement allowing continued service to Southeast Asian customers.

In corporate developments, Stepan Company has appointed Corning Painter to its Board of Directors. Painter, who is currently the CEO of Orion S.A., brings extensive experience to the board, having previously served as Executive Vice President for Industrial Gases at Air Products and Chemicals. These recent developments highlight Stepan Company’s efforts to optimize its operations and governance.

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