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NORTHFIELD, Ill., Oct. 24, 2018 /PRNewswire/ — Stepan Company (NYSE: SCL) today reported:

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On October 23, 2018, the Board of Directors of Stepan Company accustomed an admission of $0.025 per share, or 11%, on its annual banknote allotment on its accepted stock. The allotment of $0.25 per allotment is payable on December 14, 2018, to accepted stockholders of almanac on November 30, 2018. The admission marks the 51st after year in which the annual allotment bulk on the Company’s accepted banal has increased.

Corporate Profile

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Stepan Company is a above architect of specialty and average chemicals acclimated in a ample ambit of industries.  Stepan is a arch merchant ambassador of surfactants, which are the key capacity in chump and automated charwoman compounds and in agronomical and oilfield solutions.  The Company is additionally a arch supplier of polyurethane polyols acclimated in the accretion thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.

Headquartered in Northfield, Illinois, Stepan utilizes a arrangement of avant-garde assembly accessories amid in North and South America, Europe and Asia.

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The Company’s accepted banal is traded on the New York Banal Barter (NYSE) beneath the attribute SCL.  For added advice about Stepan Company amuse appointment the Company online at www.stepan.com

Certain advice in this account absolution consists of advanced statements aural the acceptation of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Barter Act of 1934, as amended. These statements accommodate statements about Stepan Company’s plans, objectives, strategies, banking achievement and outlook, trends, the bulk and timing of approaching banknote distributions, affairs or approaching contest and absorb accepted and alien risks that are difficult to predict. As a result, Stepan Company’s absolute banking results, performance, achievements or affairs may alter materially from those bidding or adumbrated by these advanced statements. In some cases, you can analyze advanced statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,” “potential,” “continue,” “likely,” “will,” “would,” “should,” “illustrative” and variations of these agreement and agnate expressions, or the abrogating of these agreement or agnate expressions. Such advanced statements are necessarily based aloft estimates and assumptions that, while advised reasonable by Stepan Company and its administration based on their adeptness and compassionate of the business and industry, are inherently uncertain. These statements are not guarantees of approaching performance, and stockholders should not abode disproportionate assurance on advanced statements.

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There are a cardinal of risks, uncertainties and added important factors, abounding of which are above Stepan Company’s control, that could account absolute after-effects to alter materially from the advanced statements independent in this account release. Such risks, uncertainties and added important factors include, amid added factors, the risks, uncertainties and factors declared in Stepan Company’s Form 10-K, Form 8-K and Form 10-Q letters and exhibits to those reports, and accommodate (but are not bound to) risks and uncertainties accompanying to disruptions in assembly or accidents at accomplishment facilities, all-around competition, animation of raw actual and activity costs, disruptions in busline or cogent changes in busline costs, bargain appeal due to chump artefact reformulations or new technologies, the anticipation of approaching acquisitions and the uncertainties accompanying to the affiliation of acquired businesses, advancement and attention bookish acreage rights, all-embracing business risks, including bill barter bulk fluctuations, acknowledged restrictions and taxes, the appulse of changes in the tax cipher as a aftereffect of contempo federal tax legislation and ambiguity as to how some of those changes may be applied, our adeptness to appraisal and advance adapted levels of recorded liabilities, our debt covenants, our adeptness to admission basic markets, downturns in assertive industries and accepted bread-and-er downturns, all-around political, military, aegis or added instability, costs accompanying to amplification or added basic projects, abeyance or breaches of advice technology systems, the costs and added furnishings of authoritative adjustment and acknowledged and authoritative affairs and our adeptness to absorb controlling administration and key personnel.

These advanced statements are fabricated alone as of the date hereof, and Stepan Company undertakes no obligation to amend or alter these advanced statements, whether as a aftereffect of new information, approaching contest or otherwise.

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Contact: Luis E. Rojo     847-446-7500

 

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View aboriginal content:https://www.prnewswire.com/news-releases/stepan-increases-quarterly-cash-dividend-marking-the-51st-consecutive-year-of-increases-300736663.html

SOURCE Stepan Company

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