STEPAN COMPANY (NYSE:SCL) Files An 8-K Results of Operations and Financial Condition
Item 2.02.Results of Operations and Financial Condition
On February 22, 2017, Stepan Company (Stepan) issued a press
release providing its financial results for the fourth quarter
and full year ended December 31, 2016. A copy of the press
release is attached as Exhibit 99.1 hereto and incorporated
herein by reference.
In addition, on February 22, 2017, Stepan issued a press release
announcing that its Board of Directors declared a quarterly cash
dividend on its common stock of $0.205 per share. The dividend
will be paid on March 15, 2017 to common stockholders of record
on March 3, 2017.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
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(d) |
Exhibits |
Exhibit Number: 99.1
Description: Press Release of Stepan Company dated February 22,
2017
Exhibit Number: 99.2
Description: Press Release of Stepan Company dated February 22,
2017
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. STEPAN COMPANY (NYSE:SCL) Recent Trading Information
STEPAN COMPANY (NYSE:SCL) closed its last trading session down -4.60 at 74.31 with 55,499 shares trading hands.