Koppers Holdings Inc. (KOP) to Issue Quarterly Dividend of $0.09 on June 15th

Koppers Holdings Inc. (NYSE:KOP) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, May 29th will be paid a dividend of 0.09 per share by the specialty chemicals company on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, May 29th.

Koppers has a dividend 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 Stock Performance

Shares of NYSE:KOP opened at $43.93 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.94 and a quick ratio of 1.13. The business’s 50 day moving average price is $38.02 and its 200-day moving average price is $32.36. The firm has a market capitalization of $849.59 million, a PE ratio of 15.86, a P/E/G ratio of 9.84 and a beta of 1.28. Koppers has a 1 year low of $25.00 and a 1 year high of $46.40.

Koppers (NYSE:KOP) last issued its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. Koppers had a return on equity of 15.47% and a net margin of 2.98%.The firm had revenue of $455.30 million for the quarter, compared to analyst estimates of $402.70 million. During the same period in the previous year, the company posted $0.71 earnings per share. The business’s revenue was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities research analysts expect that Koppers will post 4.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on KOP. Wall Street Zen raised Koppers from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Barrington Research reiterated an “outperform” rating and issued a $55.00 target price on shares of Koppers in a report on Monday, May 4th. Finally, Zacks Research upgraded Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Koppers has a consensus 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.