---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-118581"
form_type: "8-K"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:49:22.046829+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stepan Q3 net income $23.6M (+88% YoY), increases dividend for 57th straight year

## Summary
- Net income $23.6M ($1.03 diluted EPS) vs $12.6M ($0.55) prior year; adjusted net income $23.7M (+61%).
- Sales volume -1% overall; Surfactants +3% with double-digit agricultural growth; Rigid Polyols -13% due to weak demand.
- Surfactant operating income +71% to $26.3M; Polymer operating income -30% to $15.2M.
- Board increased quarterly dividend to $0.385/share, up 2.7%, payable Dec 13 to holders of record Nov 29.
- On track for $50M cost out in 2024; pre-tax savings $13.3M in Q3; free cash flow -$4M but outlook improved.

## SEC filing metadata
- accession: 0000950170-24-118581
- form_type: 8-K
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000095017024118581/0000950170-24-118581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000095017024118581/scl-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-118581
- JSON: https://secwatch.observer/filing/0000950170-24-118581.json
- Plain text: https://secwatch.observer/filing/0000950170-24-118581.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.