Stepan Company Raises Quarterly Cash Dividend 2.7%, Now at $0.385 per Share
Portfolio Pulse from Benzinga Newsdesk
Stepan Company has announced a 2.7% increase in its quarterly cash dividend, raising it to $0.385 per share. This marks the 57th consecutive year of dividend increases for the company.
October 30, 2024 | 11:28 am
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POSITIVE IMPACT
Stepan Company has increased its quarterly dividend by 2.7% to $0.385 per share, continuing its 57-year streak of dividend increases.
The increase in the dividend is a positive signal to investors, indicating financial stability and a commitment to returning value to shareholders. The long history of consecutive dividend increases further strengthens investor confidence.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100