How To Earn $500 A Month From Stepan Stock Ahead Of Q4 Earnings Results
Portfolio Pulse from Avi Kapoor
Stepan Company (NYSE:SCL) is anticipated to release its Q4 earnings on Feb. 20, 2024, with expected earnings of 37 cents per share, down from 59 cents a year ago, and projected revenue of $534.53 billion, a decrease from $627.18 million. The company recently appointed Susan M. Lewis as a director and reported a 22% sales decrease in Q3 FY23. Stepan offers a dividend yield of 1.68%, equating to a quarterly dividend of 37.50 cents per share. To earn $500 monthly from dividends, an investor would need approximately 4,000 shares, valued at around $373,400.
February 16, 2024 | 1:42 pm
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Stepan Company is set to announce Q4 earnings with a projected decrease in EPS and revenue, alongside a recent director appointment and a stable dividend yield.
The expected decrease in earnings per share and revenue for Stepan Company suggests potential short-term negative impact on the stock price. However, the stable dividend yield and the appointment of a new director might provide some positive sentiment among investors. The detailed calculation of how to earn dividends from SCL shares could attract dividend-focused investors, potentially offsetting some negative impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100