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

Key Points

• Koppers declared a quarterly dividend of $0.09 per share, payable September 14 to shareholders of record as of August 28. The annualized dividend is $0.36, yielding approximately 0.7%.
• The dividend appears well covered, with a current payout ratio of 6.9%; analysts expect next year’s earnings of $4.73 per share, implying a projected payout ratio of 7.6%.
• Koppers recently exceeded quarterly earnings expectations, reporting $0.57 EPS versus the $0.44 consensus and revenue of $455.3 million versus $390.1 million expected. Shares opened at $51.10, near their 52-week high of $52.25.

Koppers Holdings Inc. (NYSE:KOP - Get 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:KOP - Get 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

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.

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