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Stepan Increases Quarterly Cash Dividend, Marking the 56th Consecutive Year of Increases

PR Newswire - Wed Oct 18, 2023

NORTHBROOK, Ill., Oct. 18, 2023 /PRNewswire/ -- Stepan Company (NYSE:SCL) today reported:

On October 17, 2023, the Board of Directors of Stepan Company approved an increase of $0.010 per share, or 2.7%, on its quarterly cash dividend on its common stock. The dividend of $0.375 per share is payable on December 15, 2023, to common stockholders of record on November 30, 2023. The increase marks the 56th consecutive year in which the quarterly dividend rate on the Company's common stock has increased.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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