STEPAN COMPANY (NYSE:SCL) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition
On February 22, 2018, Stepan Company (“Stepan”) issued a press release providing its financial results for the fourth quarter and full year ended December 31, 2017. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.
Item 8.01Other Events
On February 22, 2018, Stepan issued a press release announcing that its Board of Directors declared a quarterly cash dividend on its common stock of $0.225 per share. The dividend will be paid on March 15, 2018 to common stockholders of record on March 5, 2018.A copy of the press release is attached as Exhibit 99.2 hereto and incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
Exhibit Number: 99.1
Description: Press Release of Stepan Company dated February 22, 2018
Exhibit Number: 99.2
Description: Press Release of Stepan Company dated February 22, 2018
STEPAN CO ExhibitEX-99.1 2 scl-ex991_6.htm EX-99.1 scl-ex991_6.htm Exhibit 99.1 Stepan Reports Fourth Quarter and Record Full Year 2017 Results Northfield,…To view the full exhibit click here
About STEPAN COMPANY (NYSE:SCL)
Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. The Company has three segments: Surfactants, Polymers and Specialty Products. 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. The Company’s Polymers segment includes polyurethane polyols, polyester resins and phthalic anhydride. The Company’s Specialty Products segment includes flavors, emulsifiers and solubilizers used in food, flavoring, nutritional supplement and pharmaceutical applications. Its markets include manufacturers of cleaning and washing compounds, paints, cosmetics, food, beverages, nutritional supplements, agricultural products, plastics, furniture, automotive equipment, insulation and refrigeration.