Koppers Holdings Inc. (NYSE:KOP) Announces Quarterly Dividend of $0.09

Koppers Holdings Inc. (NYSE:KOPGet Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Friday, August 28th will be paid a dividend of 0.09 per share by the specialty chemicals company on Monday, September 14th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, August 28th.

Koppers has a payout ratio of 6.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Koppers to earn $4.73 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 7.6%.

Koppers Price Performance

Koppers stock opened at $51.10 on Thursday. The company has a quick ratio of 1.11, a current ratio of 2.71 and a debt-to-equity ratio of 1.67. Koppers has a 52-week low of $25.00 and a 52-week high of $52.25. The firm has a market cap of $982.71 million, a PE ratio of 13.45, a price-to-earnings-growth ratio of 12.58 and a beta of 1.25. The company’s 50 day moving average is $46.03 and its two-hundred day moving average is $39.92.

Koppers (NYSE:KOPGet Free Report) last posted its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.44 by $0.13. The business had revenue of $455.30 million during the quarter, compared to the consensus estimate of $390.10 million. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. On average, research analysts expect that Koppers will post 4.13 EPS for the current fiscal year.

About Koppers

(Get Free Report)

Koppers Company, Inc is a global specialty chemicals and materials manufacturer serving diverse industrial markets. The company operates through two primary segments: Carbon Materials & Chemicals, which produces a range of coal tar–based products, phenolic specialties and carbon compounds; and Railroad Products & Services, which offers wood treating and infrastructure services for rail and utility customers.

In its Carbon Materials & Chemicals segment, Koppers supplies coal tar pitch, refined creosote, coal tar‐based distillates and phenolic resins used in aluminum smelting, graphite electrode manufacture, carbon fiber production, and water treatment applications.

Further Reading

Dividend History for Koppers (NYSE:KOP)

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