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

Koppers Holdings Inc. (NYSE:KOP) declared a quarterly dividend on Wednesday, August 5th. Shareholders 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 dividend yield of 0.7%. The ex-dividend date is Friday, August 28th.

Koppers has a dividend payout ratio of 6.9% meaning its dividend is sufficiently covered by earnings. 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 Stock Down 1.7%

Koppers stock opened at $51.10 on Thursday. Koppers has a fifty-two week low of $25.00 and a fifty-two week high of $52.25. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71. The company has a market capitalization of $982.71 million, a P/E ratio of 13.45, a PEG ratio of 12.58 and a beta of 1.25. The stock has a 50-day simple moving average of $46.03 and a 200-day simple moving average of $39.92.

Koppers (NYSE:KOP) last announced its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. The firm had revenue of $455.30 million during the quarter, compared to analysts’ expectations of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The business’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.71 EPS. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Equities research analysts expect that Koppers will post 4.13 earnings per share for the current year.

Koppers Company Profile

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.