SCL Stepan dividend history, payout ratio & dates
Stepan's last cash dividend of $0.375 per share was issued to shareholders on record before Aug 30, 2024. The dividend payment stands at $1.5 per share annually, which equates to a dividend yield of 1.97%.
Key dates
- SCL last dividend date: Aug 30, 2024
SCL dividend stats
vs. Basic Materials sector
Dividend yield
SCL has a dividend yield of 1.97% which is higher than the industry average but lower than the Basic Materials sector and its peers average. But in comparison with the Basic Materials sector average of 2.05%, Stepan's dividend yield is only 3.9% lower. The current dividend yield is higher than the historical average of 1.4% of the last 5 years.
Dividend history
Stepan has been paying dividends for the last 30 years. According to our records SCL has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 18% for the last twelve months. And with the stock price down by 6% from a year ago, the dividend yield has decreased by 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 30, 2024 | $0.375 | 1.93% |
| May 31, 2024 | $0.375 | 1.71% |
| Feb 29, 2024 | $0.375 | 1.66% |
| Nov 29, 2023 | $0.375 | 1.77% |
| Aug 30, 2023 | $0.365 | 2.08% |
| May 30, 2023 | $0.365 | 1.92% |
| Mar 2, 2023 | $0.365 | 1.69% |
| Nov 29, 2022 | $0.365 | 1.6% |
| Sep 29, 2022 | $0.365 | 1.79% |
| Aug 30, 2022 | $0.335 | 1.27% |
| May 27, 2022 | $0.335 | 1.17% |
| Mar 3, 2022 | $0.335 | 1.23% |
| Nov 29, 2021 | $0.335 | 1.07% |
| Aug 30, 2021 | $0.305 | 1.05% |
| May 27, 2021 | $0.305 | 0.88% |
| Mar 4, 2021 | $0.305 | 0.96% |
| Nov 27, 2020 | $0.305 | 0.95% |
| Aug 28, 2020 | $0.275 | 0.94% |
| May 28, 2020 | $0.275 | 1.08% |
| Mar 4, 2020 | $0.275 | 1.14% |
| Nov 27, 2019 | $0.275 | 1.03% |
| Aug 29, 2019 | $0.25 | 1.05% |
| May 30, 2019 | $0.25 | 1.14% |
| Mar 1, 2019 | $0.25 | 1.01% |
| Nov 29, 2018 | $0.25 | 1.15% |
| Aug 30, 2018 | $0.225 | 1.02% |
| May 30, 2018 | $0.225 | 1.2% |
| Mar 2, 2018 | $0.225 | 1.05% |
| Nov 29, 2017 | $0.225 | 1% |
| Aug 29, 2017 | $0.205 | 1.07% |
| May 26, 2017 | $0.205 | 0.94% |
| Mar 1, 2017 | $0.205 | 1% |
| Nov 28, 2016 | $0.205 | 0.98% |
| Aug 29, 2016 | $0.19 | 1.08% |
| May 26, 2016 | $0.19 | 1.28% |
| Mar 2, 2016 | $0.19 | 1.43% |
| Nov 25, 2015 | $0.19 | 1.4% |
| Aug 27, 2015 | $0.18 | 1.61% |
| May 27, 2015 | $0.18 | 1.42% |
| Feb 25, 2015 | $0.18 | 1.72% |
Stepan dividend payout ratio
Payout ratio
SCL has a payout ratio of 74.6% which is higher than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 41.8%, Stepan's payout ratio is 78% higher.
Total amount of dividends paid per financial year (from cash flow)
SCL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HUN Huntsman CORP | 5.02% | $0.99 | N/A |
| IFF International Flavors & Fragrances Inc | 2.24% | $2.01 | N/A |
| SXT Sensient Technologies Corp | 2.08% | $1.64 | 78.1% |
| SCL Stepan Co | 1.96% | $1.5 | 74.6% |
| OLN OLIN Corp | 1.87% | $0.8 | 61.5% |
| WDFC Wd 40 Co | 1.24% | $3.52 | 68.8% |
| MTX Minerals Technologies Inc | 0.49% | $0.41 | 8.7% |
Frequently asked questions
Does Stepan pay a dividend?
Yes, Stepan has been paying dividends for the last 30 years.
When was SCL's last dividend?
Stepan's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.375 per share.
How much dividend does Stepan pay (per share)?
SCL's annualized dividend per share is $1.5.
What is Stepan's dividend yield?
The current dividend yield of Stepan is 1.97%.
How often does Stepan pay dividends?
Stepan pays four dividends per year.
What is Stepan's dividend payout ratio?
Stepan's dividend payout ratio is 74.6%.
Does Stepan pay a good dividend?
Stepan's dividend yield is in line with the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.