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Stepan Company (NYSE:SCL) Plans $0.40 Quarterly Dividend
['Tyrone Williams']
Daily Political
Stepan Company (NYSE:SCL – Get Free Report) announced a quarterly dividend on Wednesday, July 29th.
Stepan has a dividend payout ratio of 38.2% meaning its dividend is sufficiently covered by earnings.
Research analysts forecast that Stepan will post 2.54 earnings per share for the current fiscal year.
Weiss Ratings lowered Stepan from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th.
Zacks Research raised shares of Stepan from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th.