Company: Stepan Company (SCL)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: 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. MajorityÊof Stepan’s revenue comes from the United States. -Morningstar.com-
Symbol: SCL
Recent Price: $72.38
Dividends: $1.50
Yield: 2.07%
Sector: Materials
Industry: Specialty Chemicals
Address & Company Phone #: 22 West Frontage Road Northfield IL 60093, 847-446-7500
Transfer Agent: Computershare 888-478-2392
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $106.08, $63.60