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STEPAN DECLARES QUARTERLY DIVIDENDS

 NORTHFIELD, Ill., Feb. 17 /PRNewswire/ -- The board of directors of Stepan Company (AMEX: SCL) today declared a quarterly cash dividend on its common stock of 20 cents per share. The dividend is payable on March 15, 1993, to stockholders of record on March 1, 1993.
 The board of directors of Stepan Company today also declared a quarterly cash dividend on its 5-1/2 percent preferred stock, at the quarterly rate of $2.75 per share. Dividends are payable on March 1, 1993, to stockholders of record on Feb. 17, 1993.
 Stepan Company, headquartered in Northfield, is a leading producer of basic and intermediate chemicals used in household, industrial, personal care, agricultural and energy-related products. The common stock is traded on the American and Midwest Stock Exchanges under the symbol SCL; the preferred stock is traded on the Midwest Stock Exchange under the symbol SCLPR.
 -0- 2/17/93
 /CONTACT: Joan M. Kusher of Stepan, 708-446-7500/
 (SCL)


CO: Stepan Company ST: Illinois IN: CHM SU: DIV

GK -- NY107 -- 7517 02/17/93 16:39 EST
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Publication:PR Newswire
Date:Feb 17, 1993
Words:174
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