Koppers Holdings's last quarterly dividend was on May 23, 2024 (ex-date) with a distribution of $0.07 per share. On an annualized basis, the company has a current payout of $0.26 per share. This brings the dividend yield to 0.66% based on its recent close price.
KOP has a dividend yield of 0.66% which is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 1.9%, Koppers Holdings's dividend yield is 65% lower.
Koppers Holdings has a long dividend history, including the last two consecutive years with dividend payouts. KOP has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 18% since one year ago. And with the stock price up by 7% from a year ago, the dividend yield has grown by 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 23, 2024 | Jun 10, 2024 | May 2, 2024 | $0.07 | normal |
| Mar 7, 2024 | Mar 25, 2024 | Feb 14, 2024 | $0.07 | normal |
| Nov 22, 2023 | Dec 11, 2023 | Nov 2, 2023 | $0.06 | normal |
| Aug 24, 2023 | Sep 11, 2023 | Aug 2, 2023 | $0.06 | normal |
| May 25, 2023 | Jun 12, 2023 | May 4, 2023 | $0.06 | normal |
| Mar 9, 2023 | Mar 27, 2023 | Feb 16, 2023 | $0.06 | normal |
| Nov 23, 2022 | Dec 12, 2022 | Nov 4, 2022 | $0.05 | normal |
| Aug 25, 2022 | Sep 12, 2022 | Aug 4, 2022 | $0.05 | normal |
| May 26, 2022 | Jun 13, 2022 | May 6, 2022 | $0.05 | normal |
| Mar 17, 2022 | Apr 4, 2022 | Feb 23, 2022 | $0.05 | normal |
KOP has a payout ratio of 7.1% which is lower than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 37.9%, Koppers Holdings's payout ratio is 81% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HUN Huntsman CORP | 4.16% | $0.98 | N/A |
| NSC Norfolk Southern Corp | 2.18% | $5.4 | 86.7% |
| UNP Union Pacific Corp | 2.16% | $5.2 | 48.8% |
| CBT Cabot Corp | 1.67% | $1.63 | 20.6% |
| CSX Csx Corp | 1.34% | $0.46 | 25.3% |
| KOP Koppers Holdings Inc | 0.65% | $0.26 | 7.1% |
Yes, Koppers Holdings has paid four dividends in the last 12 months. KOP has been paying dividends since 2022.
Currently KOP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.
Koppers Holdings's last dividend ex-date was on May 23, 2024. The dividend amount was $0.07 per share.
KOP has paid dividend of $0.26 per share in the last year.
Currently Koppers Holdings's dividend yield is 0.66%.
Koppers Holdings has a quarterly dividend frequency.
The dividend payout ratio of Koppers Holdings is 7.1%.
Koppers Holdings's dividend yield is below the Basic Materials sector average.