GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Stepan Co (NYSE:SCL) » Definitions » 3-Year Dividend Growth Rate

Stepan Co (Stepan Co) 3-Year Dividend Growth Rate : 9.20% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Stepan Co 3-Year Dividend Growth Rate?

Stepan Co's Dividends per Share for the three months ended in Dec. 2023 was $0.38.

The historical rank and industry rank for Stepan Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SCL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.9   Med: 8.1   Max: 12.7
Current: 9.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Stepan Co was 12.70% per year. The lowest was 1.90% per year. And the median was 8.10% per year.

SCL's 3-Year Dividend Growth Rate is ranked worse than
50.22% of 697 companies
in the Chemicals industry
Industry Median: 9.4 vs SCL: 9.20

During the past 12 months, Stepan Co's average Dividends Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Stepan Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.14. As of today, Stepan Co's Dividend Yield % is 1.76%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Stepan Co's 3-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Stepan Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stepan Co's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Stepan Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Stepan Co's 3-Year Dividend Growth Rate falls into.



Stepan Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Stepan Co  (NYSE:SCL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Stepan Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.375/ 0.33
=1.14

During the past 13 years, the highest Dividend Payout Ratio of Stepan Co was 0.67. The lowest was 0.17. And the median was 0.20.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Stepan Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3752024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3752023-11-292023-11-302023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3652023-08-302023-08-312023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3652023-05-302023-05-312023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Stepan Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.48/84.02
=1.76 %

Current Share Price is $84.02.
Stepan Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.48.

During the past 13 years, the highest Dividend Yield of Stepan Co was 2.29%. The lowest was 0.84%. And the median was 1.10%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stepan Co 3-Year Dividend Growth Rate Related Terms>


Stepan Co (Stepan Co) Business Description

Industry
Traded in Other Exchanges
Address
1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. Surfactants are chemical agents that affect the interaction between two surfaces. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. Most of Stepan's revenue comes from the United States.
Executives
Sharon Purnell officer: VP & CHRO 1101 SKOKIE BLVD, SUITE 500, NORTHBROOK IL 60062
Randall S. Dearth director CALGON CARBON CORPORATION, P.O. BOX 717, PITTSBURGH X1 15230
Stepan F Quinn Jr director, officer: President and COO 22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Arthur W Mergner officer: VP & General Manager 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Scott R. Behrens officer: VP/GM Surfactants 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Robert Joseph Haire officer: EVP, Supply Chain 1101 SKOKIE BLVD, SUITE 500, NORTHBROOK IL 60062
Jason Scott Keiper officer: VP & Chief Tech & Sust Officer 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Gregory E Lawton director 4 TESSENEER DR, HIGHLAND HEIGHTS KY 41076
Luis Rojo officer: VP & Chief Financial Officer 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Debra Stefaniak officer: VP, Business Transformation 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Janet Anne Catlett officer: VP, CHRO 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Richard Finn Stepan officer: V.P. and Gen'l. Mgr., Polymers 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Edward J Wehmer director 454 BUENA ROAD, LAKE FOREST IL 60045
Lorinda Burgess director 22 WEST FRONTAG ROAD, NORTHBROOK IL 60093
Sean Thomas Moriarty officer: VP & GM Polymers 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093

Stepan Co (Stepan Co) Headlines

From GuruFocus

Stepan to present at Upcoming Investor Conferences

By PRNewswire PRNewswire 05-16-2022

Stepan to present at Upcoming Investor Conferences

By PRNewswire PRNewswire 06-05-2022

Stepan to present at Upcoming Investor Conferences

By PRNewswire PRNewswire 06-15-2022

Stepan Declares Quarterly Dividend

By PRNewswire PRNewswire 07-27-2022

Stepan Declares Quarterly Dividend

By PRNewswire PRNewswire 02-16-2023

Stepan Company Announces CEO Succession Plan

By PRNewswire PRNewswire 02-17-2022