---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-051175"
form_type: "8-K"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2021-10-20T23:59:59+00:00"
generated_at: "2026-06-28T19:50:21.191064+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stepan Q3 adj EPS flat at $1.57; raises dividend 9.8% to $0.335; plans $220M Texas plant

## Summary
- Q3 adj net income $36.4M ($1.57/sh) flat YoY; reported net income $36.9M ($1.59/sh) up 11%.
- Surfactant op income down 16% to $34.5M; Polymer down 12% to $19.8M on supply chain disruptions.
- Board approved 9.8% dividend increase to $0.335/sh quarterly, marking 54th consecutive year of increases.
- Board authorized $150M share repurchase program, superseding prior authorization; no expiration date.
- Plans $220M investment in new alkoxylation plant at Pasadena, TX (75K mt/yr capacity), expected online late 2023.

## SEC filing metadata
- accession: 0001564590-21-051175
- form_type: 8-K
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2021-10-20T23:59:59+00:00
- event_type: other_material
- 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/94049/000156459021051175/0001564590-21-051175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000156459021051175/scl-8k_20211020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-051175
- JSON: https://secwatch.observer/filing/0001564590-21-051175.json
- Plain text: https://secwatch.observer/filing/0001564590-21-051175.txt

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