NYSE:SCLChemicals
Stepan’s Swing to Quarterly Loss and Dividend Increase Might Change The Case For Investing In SCL
Stepan Company recently reported first-quarter 2026 results, with sales rising to US$604.51 million from US$593.26 million a year earlier, but shifting from net income of US$19.71 million to a net loss of US$41.41 million, or basic and diluted loss per share from continuing operations of US$1.81.
Despite this swing to a loss, Stepan affirmed a quarterly dividend of US$0.395 per share payable on June 15, 2026, extending its 58-year record of annual dividend increases and highlighting...