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

Koppers Holdings Inc. (NYSE:KOP) declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Friday, August 28th will be given a dividend of 0.09 per share by the specialty chemicals company on Monday, September 14th. This represents a c) dividend on an annualized basis 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. Equities 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 Trading Down 1.7%

Koppers stock opened at $51.10 on Thursday. The stock has a 50-day moving average price of $46.03 and a 200 day moving average price of $39.92. Koppers has a 52 week low of $25.00 and a 52 week high of $52.25. The stock has a market cap of $982.71 million, a PE ratio of 13.45, a P/E/G ratio of 12.58 and a beta of 1.25. The company has a current ratio of 2.71, a quick ratio of 1.11 and a debt-to-equity ratio of 1.67.

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

Analyst Ratings Changes

KOP has been the topic of several analyst reports. Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Barrington Research reiterated an “outperform” rating and set a $55.00 target price on shares of Koppers in a research report on Monday, May 4th. Singular Research raised Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Koppers in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Koppers has an average rating of “Moderate Buy” and an average target price 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.