Dividends & Buybacks ·
Stepan raises quarterly dividend to $0.405 per share and reports Q3 net income up 64%
SCLStepan Co
Stepan Company declared a quarterly cash dividend of $0.405 per share, payable December 15, 2026, to shareholders of record on December 1, 2026. This marks the company's 59th consecutive year of dividend increases. The filing also reports third-quarter 2026 financial results, with net income rising 64% to $17.8 million and adjusted EBITDA increasing 18% to $66.3 million. Net sales grew 17% year-over-year to $692.2 million, driven by higher selling prices and organic volume growth of 7%. Stepan Company is a major manufacturer of specialty and intermediate chemicals used in consumer, industrial, agricultural, and construction applications.