Stepan Company (SCL): A Prime Dividend King for Steady Growth

Reported 1 day ago

Stepan Company (SCL) is highlighted as one of the top dividend kings, renowned for its robust and consistent dividend growth over 57 years, with a current yield of 3.18%. Despite facing some challenges, such as variations in demand across different segments, the company reported a solid 4% increase in adjusted EBITDA and shows promising growth potential in its Surfactants division. With a supportive balance sheet and a growing interest from hedge funds, SCL stands out as a reliable choice for dividend investors amid uncertain market conditions.

Source: YAHOO

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