Stepan posts record Q3 net income $39.4M; raises dividend 9% for 55th consecutive year

STEPAN CO

2022-Q3 EPS reported $5.90 revenue$2,146,094,000

Record Q3 net income $39.4M ($1.71 diluted EPS); adjusted $46.3M ($2.01), up 27% YoY.
Revenue $719.2M, +19% YoY, driven by higher pricing and mix; volume declined 8% globally.
Operating income: Surfactants $39.0M (+13%), Polymers $31.9M (+61%), Specialty $9.7M (+297%).
Environmental reserve increased to $33.5M (from $23.2M) for revised Maywood, NJ site remediation.
Dividend raised to $0.365/share (+9%), payable Dec 15 to holders of record Nov 30 – 55th consecutive annual increase.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.