Investors have until Wednesday to buy Stepan (NYSE:SCL) stock if they want to receive the upcoming quarterly dividend of 37.5 cents per share. The ex-dividend date is on Thursday, so anyone who owns the stock before then will be eligible for the payout. Shareholders who hold SCL by the end of Wednesday’s trading session will qualify for the dividend, which is set to be distributed on March 15, 2024.
SCL Stock Price Update: February 26, 2024 – Analysis and Insights
On February 26, 2024, SCL stock experienced a slight decrease in its price, closing at $90.00. This represented a $1.01 drop from the previous market close, which equates to a 1.11% decrease in value. Despite this decrease, SCL is still trading in the middle of its 52-week range and above its 200-day simple moving average.
The stock remained unchanged in after-hours trading, indicating that investors may be taking a wait-and-see approach before making any significant moves. Investors should always conduct thorough research and analysis before making any investment decisions. By staying informed and staying disciplined in their investment strategies, investors can make more informed decisions and potentially achieve greater success in the stock market.
SCL Stock Performance Analysis: Revenue Decline and Net Loss Reported in Fourth Quarter
On February 26, 2024, SCL stock experienced a mixed performance based on the latest financial data provided by CNN Money. The company reported a total revenue of $2.33 billion for the past year, which marked a 16.14% decrease compared to the previous year. In the fourth quarter, the total revenue was $532.13 million, reflecting a 5.35% decrease from the previous quarter.
In terms of net income, SCL reported $40.20 million for the past year, representing a significant 72.68% decrease from the previous year. However, in the fourth quarter, the company reported a net loss of $1.19 million, which was an improvement from the previous quarter.
Earnings per share (EPS) for SCL stood at $1.75 for the past year, showing a 72.57% decrease from the previous year. In the fourth quarter, the company reported a negative EPS of -$0.05, which remained flat compared to the previous quarter.
