|05/01/13||Stepan Declares Quarterly Dividend|
|NORTHFIELD, Ill., May 1, 2013 /PRNewswire/ -- The Board of Directors of Stepan Company (NYSE: SCL) declared a quarterly cash dividend on its common stock of $0.1600 per share. The dividend is payable on June 14, 2013, to common stockholders of record on May 31, 2013.
The Board of Directors also declared a quarterly cash dividend on its five and one half percent (5.5%) convertible preferred stock at the quarterly rate of $0.34375 per share. Dividends are payable on May 31, 2013, to preferred... |
|04/30/13||Stepan Reports First Quarter Results|
|NORTHFIELD, Ill., April 30, 2013 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported first quarter net income of $19.0 million for the period ended March 31, 2013, down from $22.3 million in the year ago quarter. Sales volume grew by 3 percent, partially overcoming global economic weakness. Surfactant volume rose 5 percent and polymer volume declined 7 percent.
Net income, excluding deferred compensation expense, declined 9 percent to $21.5 million compared to $23.6 million in the r... |
|04/30/13||Stepan Announces Agreement To Acquire North American Polyester Resins Business From Bayer|
|NORTHFIELD, Ill., April 30, 2013 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported that it has reached an agreement with Bayer MaterialScience to acquire their North American Polyester Resins business, including the production facility located in Columbus, Georgia. Bayer MaterialScience is a leading producer of Powder Polyester Resins for metal coatings applications in NAFTA and Liquid Polyester Resins for CASE (Coatings, Adhesives, Sealants and Elastomers) applications globally. The fa... |
|04/23/13||Stepan Announces First Quarter Earnings Conference Call And Webcast|
|NORTHFIELD, Ill., April 23, 2013 /PRNewswire/ -- Stepan Company (NYSE: SCL), a major manufacturer of specialty and intermediate chemicals used in a broad range of industries, will issue its first quarter earnings report on Tuesday, April 30, 2013 at approximately 8:00 a.m. ET, prior to the open of the market. The Company will hold its first quarter earnings conference call to review the financial and operational performance highlights on Wednesday, May 1, 2013, at 2:00 p.m. ET (1:00 p.m. CT).