Stepan Company (NYSE:SCL) is among the Best Dividend Stocks for a Dividend Champions List, based in Illinois and producing specialty chemicals. President and CEO Luis E. Rojo reported strong results with double-digit adjusted EBITDA growth in the first half of 2025, despite higher oleochemical costs affecting surfactant margins.

In the second quarter, Stepan Company (NYSE:SCL) reported an 8% increase in adjusted EBITDA to $51.4 million, with net income up 27% from last year. The company added over 400 new customers, showing double-digit growth in crop productivity and oilfield businesses. Stepan remains on track to close the sale of its Philippines site.

Stepan Company (NYSE:SCL) has a consistent dividend record, increasing payouts for 57 years. The stock offers a quarterly dividend of $0.385 per share, yielding approximately 3.16% as of October 2. While potential exists for SCL as an investment, certain AI stocks may offer greater upside potential with less downside risk.

For more insights on the best REIT dividend stocks to buy now, check out Insider Monkey’s recommendations. No promotions or marketing included in the article.

Read more at Yahoo Finance: A Steady Performer Among Dividend Champions