The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

Stepan Declares Quarterly Dividend

Wednesday, April 25, 2012

Stepan Declares Quarterly Dividend08:30 EDT Wednesday, April 25, 2012NORTHFIELD, Ill., April 25, 2012 /PRNewswire/ -- The Board of Directors of Stepan Company (NYSE: SCL) declared a quarterly cash dividend on its common stock of $0.2800 per share.  The dividend is payable on June 15, 2012, to common stockholders of record on May 31, 2012.The Board of Directors also declared a quarterly cash dividend on its five and one half percent (5.5%) convertible preferred stock at the quarterly rate of $0.34375 per share.  Dividends are payable on May 31, 2012, to preferred stockholders of record on May 15, 2012.Stepan Company, headquartered in Northfield, Illinois, is a leading producer of specialty and intermediate chemicals used in household, industrial, personal care, agricultural, food and insulation-related products.  The common and preferred stocks are traded on the New York and Chicago Stock Exchanges under the symbol SCL and SCLPR.SOURCE Stepan CompanyFor further information: JAMES E. HURLBUTT, +1-847-446-7500