Koppers Holdings Inc. (KOP) to Issue Quarterly Dividend of $0.09 on March 23rd

Koppers Holdings Inc. (NYSE:KOP) declared a quarterly dividend on Wednesday, February 11th. Stockholders of record on Friday, March 6th will be paid a dividend of 0.09 per share by the specialty chemicals company on Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, March 6th. This is a 12.5% increase from Koppers’s previous quarterly dividend of $0.08.

Koppers has a payout ratio of 6.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Koppers to earn $4.31 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 8.4%.

Koppers Trading Up 0.8%

NYSE KOP opened at $36.72 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 2.94 and a debt-to-equity ratio of 1.59. Koppers has a twelve month low of $22.99 and a twelve month high of $38.21. The firm has a market capitalization of $721.18 million, a PE ratio of 13.26 and a beta of 1.35. The stock’s 50 day moving average is $30.81 and its 200 day moving average is $29.21.

Koppers (NYSE:KOP) last posted its quarterly earnings data on Thursday, February 26th. The specialty chemicals company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.11. Koppers had a return on equity of 15.47% and a net margin of 2.98%.The business had revenue of $432.70 million during the quarter, compared to the consensus estimate of $445.00 million. During the same quarter in the prior year, the company earned $0.77 earnings per share. The firm’s quarterly revenue was down 9.3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 4.200-5.000 EPS. Research analysts forecast that Koppers will post 4.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on KOP shares. Zacks Research raised shares of Koppers from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Barrington Research reissued an “outperform” rating and issued a $55.00 price target on shares of Koppers in a research report on Friday, February 27th. Wall Street Zen raised Koppers from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings raised Koppers from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, January 29th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Koppers presently has a consensus rating of “Moderate Buy” and an average price target of $52.50.

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.