Stepan ( NYSE:SCL – Get Rating ) announced a quarterly dividend on Tuesday, April 25th, Zacks reports. Investors of record on Wednesday, May 31st will be given a dividend of 0.365 per share by the basic materials company on Thursday, June 15th. This represents a $1.46 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Tuesday, May 30th. Stepan has raised its dividend by an average of 10.2% per year over the last three years and has raised its dividend every year for the last 27 years.

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