Declared Dividend • 19h
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 1st September 2026 Payment date: 15th September 2026 Dividend yield will be 2.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Jul 30
Second quarter 2026 earnings released: EPS: US$1.00 (vs US$0.50 in 2Q 2025) Second quarter 2026 results: EPS: US$1.00 (up from US$0.50 in 2Q 2025). Revenue: US$684.1m (up 15% from 2Q 2025). Net income: US$22.9m (up 102% from 2Q 2025). Profit margin: 3.3% (up from 1.9% in 2Q 2025). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Jul 29
New major risk - Revenue and earnings growth Earnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 96% Earnings have declined by 37% per year over the past 5 years. Aankondiging • Jul 29
Stepan Company Declares Quarterly Dividend, Payable on September 15, 2026 The Board of Directors of Stepan Company has declared a quarterly cash dividend on the Company's common stock of $0.395 per share. The dividend is payable on September 15, 2026, to common stockholders of record on September 1, 2026. Aankondiging • Jul 08
Stepan Company to Report Q2, 2026 Results on Jul 29, 2026 Stepan Company announced that they will report Q2, 2026 results at 7:00 AM, US Eastern Standard Time on Jul 29, 2026 Declared Dividend • May 20
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 3.3%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Aankondiging • Apr 29
Stepan Company announces Quarterly dividend, payable on June 15, 2026 Stepan Company announced Quarterly dividend of USD 0.3950 per share payable on June 15, 2026, ex-date on June 01, 2026 and record date on June 01, 2026. Aankondiging • Apr 07
Stepan Company to Report Q1, 2026 Results on Apr 28, 2026 Stepan Company announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on Apr 28, 2026 Aankondiging • Mar 26
Stepan Company, Annual General Meeting, Apr 28, 2026 Stepan Company, Annual General Meeting, Apr 28, 2026. Location: 1101 skokie boulevard, ilinois 60062, northbrook United States Aankondiging • Feb 04
Stepan Company to Report Q4, 2025 Results on Feb 23, 2026 Stepan Company announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 23, 2026 Aankondiging • Dec 31
An undisclosed buyer acquired Manufacturing Assets located in Lake Providence, LA of Stepan Company (NYSE:SCL). An undisclosed buyer entered into an agreement to acquire Manufacturing Assets located in Lake Providence, LA of Stepan Company (NYSE:SCL) on December 3, 2025.
The transaction is expected to close before year end, subject to the satisfaction of customary closing conditions, including completion of ongoing due diligence.
An undisclosed buyer completed the acquisition of Manufacturing Assets located in Lake Providence, LA of Stepan Company (NYSE:SCL) on December 30, 2025. Aankondiging • Dec 04
An undisclosed buyer entered into an agreement to acquire Manufacturing Assets located in Lake Providence, LA of Stepan Company (NYSE:SCL). An undisclosed buyer entered into an agreement to acquire Manufacturing Assets located in Lake Providence, LA of Stepan Company (NYSE:SCL) on December 3, 2025.
The transaction is subject to normal closing conditions. The parties are targeting to close the transaction before year end, subject to the satisfaction of customary closing conditions, including completion of ongoing due diligence. Aankondiging • Oct 29
Stepan Company Increases Quarterly Cash Dividend, Payable on December 15, 2025 The Board of Directors of Stepan Company has approved an increase of $0.01 per share, or 2.6%, on the quarterly cash dividend on the Company's common stock. The dividend of $0.395 per share is payable on December 15, 2025, to common stockholders of record on November 28, 2025. Aankondiging • Oct 14
Stepan Company Announces Resignation of Samuel S. Hinrichsen as October 31, 2025 Stepan Company announced that on October 10, 2025, Samuel S. Hinrichsen, who previously served as Stepan Company’s Vice President and Interim Chief Financial Officer from October 30, 2024 to July 15, 2025 and thereafter assumed the role of Global Vice President, Finance and Investor Relations, notified Stepan of his decision to resign effective October 31, 2025. Mr. Hinrichsen’s resignation was not the result of any disagreement with Stepan on any matter relating to its operations, policies, or practices. Aankondiging • Oct 08
Stepan Company to Report Q3, 2025 Results on Oct 29, 2025 Stepan Company announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Oct 29, 2025 Aankondiging • Jul 30
Stepan Company Declares Quarterly Cash Dividend, Payable on September 15, 2025 The Board of Directors of Stepan Company has declared a quarterly cash dividend on the Company's common stock of $0.385 per share. The dividend is payable on September 15, 2025, to common stockholders of record on August 29, 2025. The Company increased its quarterly cash dividend in the fourth quarter of 2024 by $0.010 per share, marking the 57th consecutive year that the Company has increased its cash dividend to stockholders. Aankondiging • Jul 16
Stepan Company to Report Q2, 2025 Results on Jul 30, 2025 Stepan Company announced that they will report Q2, 2025 results at 7:00 AM, Eastern Standard Time on Jul 30, 2025 Aankondiging • Jul 14
Stepan Company Announces Chief Financial Officer Changes Stepan Company announced the appointment of Ruben Velasquez as Chief Financial Officer of Stepan, effective as of July 15, 2025. Mr. Velasquez will succeed Samuel Hinrichsen who, as previously reported, is presently serving as Vice President and Interim Chief Financial Officer. Mr. Hinrichsen will continue in his role as Vice President of Finance. Mr. Velasquez most recently served as Vice President Global Finance Transformation at 3M Company. Prior to that, Mr. Velasquez held several senior finance roles at 3M, including Vice President Global Finance and CFO Manufacturing & Supply Chain Operations, and Vice President Global Finance and CFO Consumer Business, as well as serving as the Finance Director and Country CFO at 3M Russia and 3M Colombia. Mr. Velasquez began his finance career at Ecopetrol in Colombia where he held senior finance leadership roles including Finance Director Corporate FP&A and Treasury, and Interim Vice President and Corporate Chief Financial Officer. Mr. Velasquez holds an MBA from Northwestern University and a BS in Industrial Engineering from Universidad de Los Andes. Aankondiging • Jun 10
Stepan Company Appoints Corning Painter as Director, Effective June 9, 2025 Stepan Company announced the appointment of Corning Painter as a Director of Stepan, effective June 9, 2025. Mr. Painter currently serves as Chief Executive Officer of Orion S.A., a global chemical manufacturer, a role he has held since September of 2018. Prior to joining Orion, Mr. Painter was an Executive Vice President for Industrial Gases at Air Products and Chemicals, an industrial gas company, which Mr. Painter joined in 1984. Mr. Painter is a Certified Professional Engineer and holds a chemical engineering degree from Carnegie Mellon University. Aankondiging • May 22
Stepan Company announced that it has received $75 million in funding On May 21, 2025 Stepan Company closed the transaction Aankondiging • Apr 29
Stepan Company Declares Quarterly Cash Dividend, Payable on June 13, 2025 Stepan Company has declared a quarterly cash dividend on the Company's common stock of $0.385 per share. The dividend is payable on June 13, 2025, to common stockholders of record on May 30, 2025. The Company increased its quarterly cash dividend in the fourth quarter of 2024 by $0.010 per share, marking the 57th consecutive year that the Company has increased its cash dividend to stockholders. Aankondiging • Apr 14
Stepan Company to Report Q1, 2025 Results on Apr 29, 2025 Stepan Company announced that they will report Q1, 2025 results at 7:00 AM, Eastern Standard Time on Apr 29, 2025 Aankondiging • Feb 24
Stepan Company, Annual General Meeting, Apr 29, 2025 Stepan Company, Annual General Meeting, Apr 29, 2025. Aankondiging • Feb 21
Stepan Company Announces Board Changes Stepan Company announced that Edward J. Wehmer has informed the Board of Directors of his decision to retire from the Board as of the date of the Company's next annual meeting of stockholders, which is scheduled for April 29, 2025. Mr. Wehmer will continue to serve on the Company's Board until that date. Mr. Wehmer joined the Company's Board in 2003. He has served as Lead Independent Director since 2016 and served as Chair of the Audit Committee from 2007 to 2023. Upon Mr. Wehmer's retirement, the size of the Company's Board will be reduced from eight to seven directors and Randall S. Dearth will succeed Mr. Wehmer as Lead Independent Director. Aankondiging • Feb 19
Stepan Company Declares Quarterly Cash Dividend, Payable on March 14, 2025 The Board of Directors of Stepan Company has declared a quarterly cash dividend on the Company's common stock of $0.385 per share. The dividend is payable on March 14, 2025, to common stockholders of record on March 3, 2025. The Company increased its quarterly cash dividend in the fourth quarter of 2024 by $0.010 per share, marking the 57th consecutive year that the Company has increased its cash dividend to stockholders. Aankondiging • Jan 29
Stepan Company to Report Q4, 2024 Results on Feb 19, 2025 Stepan Company announced that they will report Q4, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 19, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.03 (vs US$0.55 in 3Q 2023) Third quarter 2024 results: EPS: US$1.03 (up from US$0.55 in 3Q 2023). Revenue: US$546.8m (down 2.7% from 3Q 2023). Net income: US$23.6m (up 88% from 3Q 2023). Profit margin: 4.3% (up from 2.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Aankondiging • Oct 09
Stepan Company to Report Q3, 2024 Results on Oct 30, 2024 Stepan Company announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on Oct 30, 2024 Upcoming Dividend • Aug 23
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 13 September 2024. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €65.50, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 31% over the past three years. Declared Dividend • Aug 02
Second quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.8%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio). However, it is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control. EPS is expected to grow by 71% over the next year, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.56 in 2Q 2023) Second quarter 2024 results: EPS: US$0.42 (down from US$0.56 in 2Q 2023). Revenue: US$556.4m (down 4.1% from 2Q 2023). Net income: US$9.52m (down 25% from 2Q 2023). Profit margin: 1.7% (down from 2.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Aankondiging • Jul 31
Stepan Company Declares Quarterly Cash Dividend, Payable on September 13, 2024 Stepan Company has declared a quarterly cash dividend on the Company's common stock of $0.375 per share. The dividend is payable on September 13, 2024, to common stockholders of record on August 30, 2024. Aankondiging • Jul 11
Stepan Company to Report Q2, 2024 Results on Jul 31, 2024 Stepan Company announced that they will report Q2, 2024 results at 7:00 AM, US Eastern Standard Time on Jul 31, 2024 Upcoming Dividend • May 24
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 14 June 2024. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.0%). Declared Dividend • May 03
First quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 1.8%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 58% over the next year, which should provide support to the dividend and adequate earnings cover. New Risk • May 02
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.7% net profit margin). Significant insider selling over the past 3 months (€587k sold). Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$0.61 (vs US$0.71 in 1Q 2023) First quarter 2024 results: EPS: US$0.61 (down from US$0.71 in 1Q 2023). Revenue: US$551.4m (down 15% from 1Q 2023). Net income: US$13.9m (down 14% from 1Q 2023). Profit margin: 2.5% (in line with 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 30
Stepan Company Declares Quarterly Cash Dividend, Payable on June 14, 2024 The board of directors of Stepan Company has declared a quarterly cash dividend on the company's common stock of $0.375 per share. The dividend is payable on June 14, 2024, to common stockholders of record on May 31, 2024. The company increased its quarterly cash dividend in the fourth quarter of 2023 by $0.010 per share, marking the 56th consecutive year that the company has increased its cash dividend to stockholders. Aankondiging • Apr 10
Stepan Company to Report Q1, 2024 Results on Apr 30, 2024 Stepan Company announced that they will report Q1, 2024 results at 7:00 AM, US Eastern Standard Time on Apr 30, 2024 Aankondiging • Mar 27
Stepan Company, Annual General Meeting, Apr 30, 2024 Stepan Company, Annual General Meeting, Apr 30, 2024, at 09:00 Central Daylight. Location: 1101 Skokie Boulevard, Northbrook Illinois United States Agenda: To elect three directors to the Board of Directors, each for a three-year term; to approve, on an advisory basis, the compensation of the Company's named executive officers; to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2024; and to transact such other business as may properly come before the meeting. Recent Insider Transactions • Mar 08
Non-Executive Chairman recently sold €239k worth of stock On the 6th of March, F. Stepan sold around 3k shares on-market at roughly €79.69 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was F.'s only on-market trade for the last 12 months. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 1.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (83% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 123% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: US$1.77 (vs US$6.46 in FY 2022) Full year 2023 results: EPS: US$1.77 (down from US$6.46 in FY 2022). Revenue: US$2.33b (down 16% from FY 2022). Net income: US$40.2m (down 73% from FY 2022). Profit margin: 1.7% (down from 5.3% in FY 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 20
Stepan Declares Quarterly Cash Dividend, Payable on March 15, 2024 The Board of Directors of Stepan Company has declared a quarterly cash dividend on the Company's common stock of $0.375 per share. The dividend is payable on March 15, 2024, to common stockholders of record on March 1, 2024. The Company increased its quarterly cash dividend in the fourth quarter of 2023 by $0.010 per share, marking the 56th consecutive year that the Company has increased its cash dividend to stockholders. Aankondiging • Feb 16
Stepan Company Appoints Susan M. Lewis as Director Stepan Company announced the appointment of Susan M. Lewis as a Director of Stepan, effective on February 15, 2024. Ms. Lewis spent over 30 years at Dow Inc., a materials science company, and was part of the management team of Corteva Inc., a global agriculture company, following its spinoff from DowDuPont Inc. Ms. Lewis served as Senior Vice President, Global Operations of Corteva from 2018 until her retirement in 2021, after which she worked as a business and executive consultant through 2023. Ms. Lewis held senior management roles with operations, sustainability and risk management responsibilities and led organizational redesign, mergers and acquisitions and transformation projects. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. CEO, President & Director Scott Behrens was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 31
Stepan Company to Report Q4, 2023 Results on Feb 20, 2024 Stepan Company announced that they will report Q4, 2023 results at 7:00 AM, US Eastern Standard Time on Feb 20, 2024 Upcoming Dividend • Nov 22
Upcoming dividend of US$0.38 per share at 1.9% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.0%). New Risk • Oct 22
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.2% net profit margin). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$0.55 (vs US$1.73 in 3Q 2022) Third quarter 2023 results: EPS: US$0.55 (down from US$1.73 in 3Q 2022). Revenue: US$562.2m (down 22% from 3Q 2022). Net income: US$12.6m (down 68% from 3Q 2022). Profit margin: 2.2% (down from 5.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year. Aankondiging • Oct 20
Stepan Company Declares Quarterly Cash Dividend, Payable on December15, 2023 The board of directors of Stepan Company declared a quarterly cash dividend on its common stock of $0.375 per share. The dividend will be paid on December15, 2023, to common stockholders of record as of November 30, 2023. Aankondiging • Oct 05
Stepan Company to Report Q3, 2023 Results on Oct 18, 2023 Stepan Company announced that they will report Q3, 2023 results at 7:00 AM, US Eastern Standard Time on Oct 18, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of US$0.36 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.0%). New Risk • Jul 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.1% net profit margin). Aankondiging • Jul 27
Stepan Company Declares Quarterly Cash Dividend, Payable on September 15, 2023 Stepan Company announced that on July 25, 2023, the Board of Directors of Stepan Company declared a quarterly cash dividend on the Company’s common stock of $0.365 per share. The dividend is payable on September 15, 2023, to common stockholders of record on August 31, 2023. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$0.56 (vs US$2.29 in 2Q 2022) Second quarter 2023 results: EPS: US$0.56 (down from US$2.29 in 2Q 2022). Revenue: US$580.0m (down 23% from 2Q 2022). Net income: US$12.7m (down 76% from 2Q 2022). Profit margin: 2.2% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year. Aankondiging • Jun 28
Stepan Company to Report Q2, 2023 Results on Jul 26, 2023 Stepan Company announced that they will report Q2, 2023 results at 7:00 AM, US Eastern Standard Time on Jul 26, 2023 Aankondiging • Jun 13
Stepan Company Announces Retirement of Arthur W. Mergner, Executive Vice President, Effective July 3, 2023 Stepan Company announced that Arthur W. Mergner, Executive Vice President, would retire from the Company effective on June 30, 2023. The Company is filing this amendment to the Original Form 8-K to disclose that the effective date of Mr. Mergner's retirement has changed to July 3, 2023. Upcoming Dividend • May 23
Upcoming dividend of US$0.36 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.6%). Recent Insider Transactions • May 10
CEO, President & Director recently sold €163k worth of stock On the 4th of May, Scott Behrens sold around 2k shares on-market at roughly €81.71 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €475k. Scott has been a net seller over the last 12 months, reducing personal holdings by €333k. Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: US$0.71 (vs US$1.96 in 1Q 2022) First quarter 2023 results: EPS: US$0.71 (down from US$1.96 in 1Q 2022). Revenue: US$651.4m (down 3.5% from 1Q 2022). Net income: US$16.1m (down 64% from 1Q 2022). Profit margin: 2.5% (down from 6.6% in 1Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 28
Non-Executive Chairman recently sold €475k worth of stock On the 21st of February, F. Stepan sold around 5k shares on-market at roughly €96.67 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. F. has been a net seller over the last 12 months, reducing personal holdings by €1.0m. Upcoming Dividend • Feb 23
Upcoming dividend of US$0.36 per share at 1.4% yield Eligible shareholders must have bought the stock before 02 March 2023. Payment date: 15 March 2023. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.1%). Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: US$6.46 (vs US$6.01 in FY 2021) Full year 2022 results: EPS: US$6.46 (up from US$6.01 in FY 2021). Revenue: US$2.77b (up 18% from FY 2021). Net income: US$147.2m (up 6.8% from FY 2021). Profit margin: 5.3% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 17
Stepan Company Declares Quarterly Cash Dividend, Payable on March 15, 2023 Stepan Company announced that on February 15, 2023, the Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.365 per share. The dividend is payable on March 15, 2023, to common stockholders of record on March 3, 2023. Aankondiging • Jan 26
Stepan Company to Report Q4, 2022 Results on Feb 16, 2023 Stepan Company announced that they will report Q4, 2022 results at 7:00 AM, US Eastern Standard Time on Feb 16, 2023 Upcoming Dividend • Nov 22
Upcoming dividend of US$0.36 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.4%). Recent Insider Transactions • Nov 18
Non-Executive Chairman recently sold €565k worth of stock On the 11th of November, F. Stepan sold around 5k shares on-market at roughly €107 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was F.'s only on-market trade for the last 12 months. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: US$1.73 (vs US$1.61 in 3Q 2021) Third quarter 2022 results: EPS: US$1.73 (up from US$1.61 in 3Q 2021). Revenue: US$719.2m (up 19% from 3Q 2021). Net income: US$39.4m (up 6.7% from 3Q 2021). Profit margin: 5.5% (down from 6.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 20
Stepan Company Increases Quarterly Cash Dividend, Payable on December 15, 2022 The Board of Directors of Stepan Company approved an increase of $0.030 per share, or 9.0%, on its quarterly cash dividend on its common stock. The dividend of $0.365 per share is payable on December 15, 2022, to common stockholders of record on November 30, 2022. The increase marks the 55th consecutive year in which the quarterly dividend rate on the Company's common stock has increased. Aankondiging • Sep 27
Stepan Company (NYSE:SCL) acquired Surfactant Business and Associated Assets from PerformanX Specialty Chemicals, LLC. Stepan Company (NYSE:SCL) entered into an agreement to acquire Surfactant Business and Associated Assets of PerformanX Specialty Chemicals, LLC on September 12, 2022. The definitive agreement is subject to normal closing conditions and the transaction is expected to close in the third quarter of 2022.
Stepan Company (NYSE:SCL) acquired Surfactant Business and Associated Assets from PerformanX Specialty Chemicals, LLC on September 26, 2022. Aankondiging • Sep 22
Stepan Company to Report Q3, 2022 Results on Oct 19, 2022 Stepan Company announced that they will report Q3, 2022 results at 7:00 AM, US Eastern Standard Time on Oct 19, 2022 Aankondiging • Sep 13
Stepan Company (NYSE:SCL) entered into an agreement to acquire Surfactant Business and Associated Assets of PerformanX Specialty Chemicals, LLC. Stepan Company (NYSE:SCL) entered into an agreement to acquire Surfactant Business and Associated Assets of PerformanX Specialty Chemicals, LLC on September 12, 2022. The definitive agreement is subject to normal closing conditions and the transaction is expected to close in the third quarter of 2022. Recent Insider Transactions • Aug 27
Insider recently bought €56k worth of stock On the 25th of August, Jason Keiper bought around 500 shares on-market at roughly €113 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €609k more in shares than they bought in the last 12 months. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.9%). Recent Insider Transactions • Aug 14
CEO, COO recently sold €58k worth of stock On the 10th of August, Scott Behrens sold around 550 shares on-market at roughly €106 per share. This was the largest sale by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$2.29 (vs US$1.89 in 2Q 2021) Second quarter 2022 results: EPS: US$2.29 (up from US$1.89 in 2Q 2021). Revenue: US$751.6m (up 26% from 2Q 2021). Net income: US$52.1m (up 20% from 2Q 2021). Profit margin: 6.9% (down from 7.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.4%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 28
Stepan Company Declares Quarterly Cash Dividend on the Common Stock, Payable on September 15, 2022 Stepan Company reported on July 26, 2022, the Board of Directors of Stepan Company declared a quarterly cash dividend on the Company's common stock of $0.335 per share. The dividend is payable on September 15, 2022, to common stockholders of record on August 31, 2022. The Company increased its quarterly cash dividend in the fourth quarter of 2021 by $0.030 per share, marking the 54th consecutive year that the Company has increased its cash dividend to stockholders. Aankondiging • Jun 29
Stepan Company to Report Q2, 2022 Results on Jul 27, 2022 Stepan Company announced that they will report Q2, 2022 results at 7:00 AM, US Eastern Standard Time on Jul 27, 2022 Upcoming Dividend • May 20
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 27 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (5.1%). Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$1.96 (vs US$1.77 in 1Q 2021) First quarter 2022 results: EPS: US$1.96 (up from US$1.77 in 1Q 2021). Revenue: US$675.3m (up 26% from 1Q 2021). Net income: US$44.8m (up 10% from 1Q 2021). Profit margin: 6.6% (down from 7.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.3%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Lorinda Burgess was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 27
Stepan Company Declares Quarterly Cash Dividend on the Company's Common Stock, Payable on June 15, 2022 Stepan Company declared a quarterly cash dividend on the Company's common stock of $0.335 per share. The dividend is payable on June 15, 2022, to common stockholders of record on May 31, 2022. The Company increased its quarterly cash dividend in the fourth quarter of 2021 by $0.030 per share, marking the 54th consecutive year that the Company has increased its cash dividend to stockholders. Aankondiging • Apr 01
Stepan Company to Report Q1, 2022 Results on Apr 26, 2022 Stepan Company announced that they will report Q1, 2022 results at 7:00 AM, US Eastern Standard Time on Apr 26, 2022 Upcoming Dividend • Feb 24
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 03 March 2022. Payment date: 15 March 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.8%). Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$6.01 (up from US$5.52 in FY 2020). Revenue: US$2.35b (up 26% from FY 2020). Net income: US$137.8m (up 8.7% from FY 2020). Profit margin: 5.9% (down from 6.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 8.7%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 
