Stepan shares rose following better-than-expected Q earnings ($0.64 EPS) and announced a $0.375 quarterly dividend.
Stepan (NYSE: SCL) shares rose after the company reported better-than-expected earnings for the quarter, with EPS of $0.64 compared to the consensus estimate of $0.35. The firm also announced a quarterly dividend of $0.375 per share, to be paid on June 14th to shareholders of record on May 31st. The stock had previously closed at $84.53, and opened at $87.16 after the earnings announcement.
May 02, 2024
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