Stepan Company (NYSE:SCL) is expected to pay $0.21 on Dec 15, 2016. The indicated annual dividend is $0.82. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Stepan Company’s current price of $80.05, the dividend is 0.26%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 18, 2016. The stock increased 0.35% or $0.28 on November 25, hitting $80.05. About 28,525 shares traded hands. Stepan Company (NYSE:SCL) has risen 36.63% since April 25, 2016 and is uptrending. It has outperformed by 30.61% the S&P500.
Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. The company has a market cap of $1.80 billion. The Firm has three divisions: Surfactants, Polymers and Specialty Products. It has a 20.69 P/E ratio. The Company’s Surfactants segment offers products, which are principal ingredients in consumer and industrial cleaning products, such as detergents for washing clothes, dishes, carpets, floors and walls, as well as shampoos and body washes.
Insitutional Activity: The institutional sentiment increased to 1.75 in Q2 2016. Its up 0.44, from 1.31 in 2016Q1. The ratio is positive, as 16 funds sold all Stepan Company shares owned while 46 reduced positions. 16 funds bought stakes while 65 increased positions. They now own 13.20 million shares or 0.73% more from 13.10 million shares in 2016Q1.
Ameriprise Financial holds 0% or 139,684 shares in its portfolio. Systematic Mgmt Ltd Partnership accumulated 30,583 shares or 0.02% of the stock. Moreover, Secor Advsr L P has 0.12% invested in Stepan Company (NYSE:SCL) for 15,815 shares. Gsa Prtnrs Llp holds 0.08% of its portfolio in Stepan Company (NYSE:SCL) for 25,100 shares. Swiss Bancorp accumulated 31,900 shares or 0% of the stock. Millennium Mgmt Ltd Liability has 69,833 shares for 0.01% of their US portfolio. Proshare Advisors Ltd has 33,543 shares for 0.03% of their US portfolio. Voya Inv Management holds 12,829 shares or 0% of its portfolio. Panagora Asset Management has 0.05% invested in the company for 158,365 shares. The Florida-based Raymond James And Associate has invested 0% in Stepan Company (NYSE:SCL). Texas Permanent School Fund owns 13,995 shares or 0.01% of their US portfolio. Profund Ltd, a Maryland-based fund reported 5,516 shares. Teachers Retirement Sys Of The State Of Kentucky holds 7,900 shares or 0.01% of its portfolio. Blackrock Japan reported 1,516 shares or 0% of all its holdings. Wellington Grp Llp holds 0% or 67,521 shares in its portfolio.
Insider Transactions: Since June 8, 2016, the stock had 0 buys, and 17 insider sales for $5.06 million net activity. 3,534 shares were sold by Servatius Gregory, worth $220,308 on Thursday, July 14. On Wednesday, August 17 the insider PACHOLEC FRANK sold $68,000. 1,000 shares were sold by Stefaniak Debra, worth $77,632 on Friday, November 18. $2.03M worth of shares were sold by STEPAN F QUINN JR on Thursday, July 21. Mergner Arthur W sold $170,232 worth of Stepan Company (NYSE:SCL) on Tuesday, November 1. On Tuesday, August 9 MASON SCOTT C sold $409,422 worth of the stock or 6,070 shares.
Stepan Company (NYSE:SCL) Ratings Coverage
Out of 5 analysts covering Stepan Co (NYSE:SCL), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Stepan Co has been the topic of 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc. Seaport Global maintained the shares of SCL in a report on Wednesday, August 24 with “Neutral” rating. On Monday, August 15 the stock rating was upgraded by National Bank Canada to “Outperform”.
More important recent Stepan Company (NYSE:SCL) news were published by: Prnewswire.com which released: “Stepan Company Announces Changes to Board of Directors” on October 20, 2016, also Prnewswire.com published article titled: “Stepan Increases Quarterly Cash Dividend, Marking the Forty-Ninth Consecutive …”, Reuters.com published: “BRIEF-Stepan company announces changes to board of directors” on October 20, 2016. More interesting news about Stepan Company (NYSE:SCL) was released by: Prnewswire.com and their article: “Stepan Company Announces Appointment of New Company Director” with publication date: October 21, 2015.
SCL Company Profile
Stepan Company, incorporated on February 19, 1959, produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. The Firm has three divisions: Surfactants, Polymers and Specialty Products. The Company’s principal markets include manufacturers of cleaning and washing compounds (including detergents, shampoos, fabric softeners, toothpastes and household cleaners), paints, cosmetics, food, beverages, nutritional supplements, agricultural products, plastics, furniture, automotive equipment, insulation and refrigeration.
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