Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients. Its surfactants are also used in various applications, including emulsifiers for spreading agricultural products; and industrial applications comprising latex systems, plastics, and composites. The Polymers segment provides polyurethane polyols that are used in the manufacture of rigid foam for thermal insulation in the construction industry, as well as a base raw material for coatings, adhesives, sealants, and elastomers (CASE); polyester resins, including liquid and powdered products, which are used in CASE applications; and phthalic anhydride that is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials, as well as components of automotive, boating, and other consumer products. The Specialty Products segment offers flavors, emulsifiers, and solubilizers for use in food, flavoring, nutritional supplement, and pharmaceutical applications. It serves in the United States, France, Poland, the United Kingdom, Brazil, Mexico, and internationally. Stepan Company was founded in 1932 and is headquartered in Northbrook, Illinois.
Stepan Dividend Announcement
• Stepan announced a quarterly dividend of $0.39 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• Stepan annual dividend for 2024 was $1.51
• Stepan annual dividend for 2023 was $1.47
• Stepan's trailing twelve-month (TTM) dividend yield is 2.06%
• Stepan's payout ratio for the trailing twelve months (TTM) is 72.89%
• Stepan's dividend growth over the last five years (2018-2023) was 9.71% year
• Stepan's dividend growth over the last ten years (2013-2023) was 8.50% year
Stepan Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.39 | quarterly | 2024-12-13 |
| 2024-08-30 | $0.38 | quarterly | 2024-09-13 |
| 2024-05-31 | $0.38 | quarterly | 2024-06-14 |
| 2024-02-29 | $0.38 | quarterly | 2024-03-15 |
| 2023-11-29 | $0.38 | quarterly | 2023-12-15 |
| 2023-08-30 | $0.36 | quarterly | 2023-09-15 |
| 2023-05-30 | $0.36 | quarterly | 2023-06-15 |
| 2023-03-02 | $0.36 | quarterly | 2023-03-15 |
| 2022-11-29 | $0.36 | quarterly | 2022-12-15 |
| 2022-08-30 | $0.34 | quarterly | 2022-09-15 |
| 2022-05-27 | $0.34 | quarterly | 2022-06-15 |
| 2022-03-03 | $0.34 | quarterly | 2022-03-15 |
| 2021-11-29 | $0.34 | quarterly | 2021-12-15 |
| 2021-08-30 | $0.30 | quarterly | 2021-09-15 |
| 2021-05-27 | $0.30 | quarterly | 2021-06-15 |
| 2021-03-04 | $0.30 | quarterly | 2021-03-15 |
| 2020-11-27 | $0.30 | quarterly | 2020-12-15 |
| 2020-08-28 | $0.28 | quarterly | 2020-09-15 |
| 2020-05-28 | $0.28 | quarterly | 2020-06-15 |
| 2020-03-04 | $0.28 | quarterly | 2020-03-13 |
| 2019-11-27 | $0.28 | quarterly | 2019-12-13 |
| 2019-08-29 | $0.25 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.25 | quarterly | 2019-06-14 |
| 2019-03-01 | $0.25 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.25 | quarterly | 2018-12-14 |
| 2018-08-30 | $0.23 | quarterly | 2018-09-14 |
| 2018-05-30 | $0.23 | quarterly | 2018-06-15 |
| 2018-03-02 | $0.23 | quarterly | 2018-03-15 |
| 2017-11-29 | $0.23 | quarterly | 2017-12-15 |
| 2017-08-29 | $0.20 | quarterly | 2017-09-15 |
| 2017-05-26 | $0.20 | quarterly | 2017-06-15 |
| 2017-03-01 | $0.20 | quarterly | 2017-03-15 |
| 2016-11-28 | $0.20 | quarterly | 2016-12-15 |
| 2016-08-29 | $0.19 | quarterly | 2016-09-15 |
| 2016-05-26 | $0.19 | quarterly | 2016-06-15 |
| 2016-03-02 | $0.19 | quarterly | 2016-03-15 |
| 2015-11-25 | $0.19 | quarterly | 2015-12-15 |
| 2015-08-27 | $0.18 | quarterly | 2015-09-15 |
| 2015-05-27 | $0.18 | quarterly | 2015-06-12 |
| 2015-02-25 | $0.18 | quarterly | 2015-03-13 |
| 2014-11-25 | $0.18 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.17 | quarterly | 2014-09-15 |
| 2014-05-28 | $0.17 | quarterly | 2014-06-13 |
| 2014-02-26 | $0.17 | quarterly | 2014-03-14 |
| 2013-11-26 | $0.17 | quarterly | 2013-12-13 |
| 2013-08-28 | $0.16 | quarterly | 2013-09-13 |
| 2013-05-29 | $0.16 | quarterly | 2013-06-14 |
| 2013-02-26 | $0.16 | quarterly | 2013-03-15 |
Stepan Dividend per year
Stepan Dividend growth
Stepan Dividend Yield
Stepan current trailing twelve-month (TTM) dividend yield is 2.06%. Interested in purchasing Stepan stock? Use our calculator to estimate your expected dividend yield:
Stepan Financial Ratios
P/E ratio36.29
PEG ratio1.81
P/B ratio1.36
ROE3.79%
Payout ratio72.89%
Current ratio1.27
Quick ratio1.27
Cash Ratio0.00
Stepan Dividend FAQ
How much is the next Stepan dividend?
Stepan's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Stepan dividend. The next Stepan dividend will be released in March, May, August, or November.
When is Stepan dividend paid?
Stepan pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Stepan pay?
The specific amount of Stepan dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Stepan's dividend history.
Does Stepan stock pay dividends?
Yes, Stepan does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Stepan's dividend history.
How much dividend does Stepan pay?
Stepan paid $1.51 in 2024, $1.47 in 2023, $1.37 in 2022, $1.25 in 2021, and $1.13 in 2020.
How often does Stepan pay dividends?
Stepan typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Stepan's dividend yield?
The current dividend yield for Stepan is 2.06%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Stepan's exact dividend yield.
When does Stepan go ex dividend?
Stepan's ex-dividend date for the latest dividend was on 2024-11-29. Stepan typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Stepan dividend paid?
Stepan pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Stepan increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Stepan will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Stepan dividend per share?
Stepan paid $1.51 per share in 2024 and $1.47 per share in 2023. The amount of dividend per share that Stepan pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Stepan a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Stepan a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Stepan a dividend stock?
Yes, Stepan is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Stepan a good dividend stock?
Whether Stepan is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Stepan has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Stepan as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Stepan as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Stepan pay dividends monthly?
Stepan typically pays dividends on a quarterly basis.
Does Stepan pay dividends quarterly?
Stepan currently pays dividends on a quarterly basis.
Has Stepan ever paid a dividend?
Yes, Stepan has a history of paying dividends to its shareholders. Stepan is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Stepan dividend stocks?
To buy Stepan you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Stepan stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Stepan stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Stepan pay dividends 2024?
Stepan pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Stepan increase its dividend in 2024?
Decisions regarding Stepan dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Stepan dividend overview you can look into the above table of dividend history.
How Stepan dividend works?
The Stepan dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Stepan's dividend process works:
1. Determination of Dividend: Stepan's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Stepan publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Stepan distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Stepan are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Stepan's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Stepan publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Stepan distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Stepan are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Stepan dividends paid?
Stepan dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Stepan sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Stepan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stepan declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Stepan sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Stepan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stepan declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Stepan pay dividends?
Stepan typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Stepan pay dividends?
The general pattern is that Stepan pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Stepan dividend safe?
The safety of Stepan's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Stepan's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Stepan's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Stepan's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Stepan's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.