Koppers Holdings Inc. Announces Increase to Quarterly Cash Dividend
Koppers Holdings (NYSE: KOP) announced a 14% increase in its quarterly dividend from $0.07 to $0.08 per share for 2025. The dividend will be paid on March 24, 2025, to shareholders of record as of March 7, 2025. This adjustment raises the annual dividend rate to $0.32 per share.
CEO Leroy Ball stated that the increase reflects confidence in the company's strategies for sustainable, profitable growth while maintaining a balanced capital allocation approach. Future dividend declarations will remain subject to Board approval and various factors including financial position, operations results, cash flows, and capital requirements.
Koppers Holdings (NYSE: KOP) ha annunciato un incremento del 14% del suo dividendo trimestrale, passando da $0.07 a $0.08 per azione per il 2025. Il dividendo sarà pagato il 24 marzo 2025 agli azionisti registrati al 7 marzo 2025. Questo adeguamento porta il tasso annuale del dividendo a $0.32 per azione.
Il CEO Leroy Ball ha dichiarato che l'aumento riflette la fiducia nelle strategie dell'azienda per una crescita sostenibile e redditizia, mantenendo un approccio equilibrato nella allocazione del capitale. Le future dichiarazioni di dividendo rimarranno soggette all'approvazione del Consiglio e a vari fattori, tra cui la posizione finanziaria, i risultati operativi, i flussi di cassa e le esigenze di capitale.
Koppers Holdings (NYSE: KOP) anunció un incremento del 14% en su dividendo trimestral, pasando de $0.07 a $0.08 por acción para 2025. El dividendo se pagará el 24 de marzo de 2025 a los accionistas registrados hasta el 7 de marzo de 2025. Este ajuste eleva la tasa anual del dividendo a $0.32 por acción.
El CEO Leroy Ball declaró que el aumento refleja la confianza en las estrategias de la empresa para un crecimiento sostenible y rentable, manteniendo un enfoque equilibrado en la asignación de capital. Las futuras declaraciones de dividendos seguirán sujetas a la aprobación de la Junta y a varios factores, incluyendo la posición financiera, los resultados operativos, los flujos de efectivo y las necesidades de capital.
Koppers Holdings (NYSE: KOP)는 2025년 분기 배당금을 주당 $0.07에서 $0.08로 14% 증가한다고 발표했습니다. 배당금은 2025년 3월 24일에 2025년 3월 7일 기준으로 주주에게 지급됩니다. 이 조정으로 연간 배당금 비율은 주당 $0.32로 증가합니다.
CEO 레로이 볼은 이 증가는 회사의 지속 가능하고 수익성 있는 성장 전략에 대한 신뢰를 반영하며, 자본 할당 접근 방식을 균형 있게 유지하고 있음을 나타낸다고 밝혔습니다. 향후 배당금 발표는 이사회 승인 및 재무 상태, 운영 결과, 현금 흐름, 자본 요구 사항 등 여러 요인의 영향을 받을 것입니다.
Koppers Holdings (NYSE: KOP) a annoncé une augmentation de 14% de son dividende trimestriel, passant de $0.07 à $0.08 par action pour 2025. Le dividende sera payé le 24 mars 2025 aux actionnaires enregistrés au 7 mars 2025. Cet ajustement porte le taux annuel du dividende à $0.32 par action.
Le PDG Leroy Ball a déclaré que cette augmentation reflète la confiance dans les stratégies de l'entreprise pour une croissance durable et rentable tout en maintenant une approche équilibrée d'allocation du capital. Les déclarations de dividende futures resteront soumises à l'approbation du Conseil d'administration et à divers facteurs, y compris la position financière, les résultats opérationnels, les flux de trésorerie et les besoins en capital.
Koppers Holdings (NYSE: KOP) hat eine 14%ige Erhöhung seiner vierteljährlichen Dividende von $0.07 auf $0.08 pro Aktie für 2025 angekündigt. Die Dividende wird am 24. März 2025 an die Aktionäre ausgezahlt, die am 7. März 2025 im Aktienregister stehen. Diese Anpassung hebt die jährliche Dividendenrate auf $0.32 pro Aktie an.
Der CEO Leroy Ball erklärte, dass die Erhöhung das Vertrauen in die Strategien des Unternehmens für nachhaltiges, profitables Wachstum widerspiegelt, während ein ausgewogenes Kapitalallokationsprinzip beibehalten wird. Zukünftige Dividendenankündigungen unterliegen weiterhin der Genehmigung des Vorstands und verschiedenen Faktoren, einschließlich der finanziellen Lage, der Betriebsergebnisse, der Cashflows und der Kapitalanforderungen.
- 14% increase in quarterly dividend from $0.07 to $0.08 per share
- Annual dividend rate increases to $0.32 per share
- Management expresses confidence in sustainable growth strategies
- None.
At this quarterly dividend rate, subject to the standard quarterly review by the Board of Directors, the annual dividend rate for 2025 increases to
Chief Executive Officer Leroy Ball said, "This dividend increase reflects our continued confidence in the company's strategies to generate sustainable, profitable growth. At the same time, we remain committed to our balanced capital allocation approach of investing for the future as well as returning cash to shareholders."
Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the declaration of dividends remains in the best interests of Koppers and its shareholders. The decision of whether to pay future dividends and the amount of any such dividends will be based on the Company's financial position, results of operations, cash flows, capital requirements, the requirements of applicable law and any other factors the Board of Directors may deem relevant.
About Koppers
Koppers (NYSE: KOP) is an integrated global provider of essential treated wood products, wood preservation technologies and carbon compounds. Our team of 2,100 employees create, protect and preserve key elements of our global infrastructure – including railroad crossties, utility poles, outdoor wooden structures, and production feedstocks for steel, aluminum and construction materials, among others – applying decades of industry-leading expertise while constantly innovating to anticipate the needs of tomorrow. Together we are providing safe and sustainable solutions to enable rail transportation, keep power flowing, and create spaces of enjoyment for people everywhere. Protecting What Matters, Preserving The Future. Learn more at Koppers.com.
Inquiries from the media should be directed to Ms. Jessica Franklin Black at BlackJF@koppers.com or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at McGuireQT@koppers.com or 412-227-2049.
Safe Harbor Statement
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, acquisitions, restructuring, declines in the value of Koppers assets and the effect of any resulting impairment charges, profitability and anticipated expenses and cash outflows. All forward-looking statements involve risks and uncertainties.
All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "outlook," "guidance," "forecast," "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plan," "potential," "intend," "likely," or other similar words or phrases are generally intended to identify forward-looking statements. Any forward-looking statement contained herein, in other press releases, written statements or other documents filed with the Securities and Exchange Commission, or in Koppers communications and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, regarding future dividends, expectations with respect to sales, earnings, cash flows, operating efficiencies, restructurings, cost reduction efforts, the benefits of acquisitions, divestitures, joint ventures or other matters as well as financings and debt reduction, are subject to known and unknown risks, uncertainties and contingencies.
Many of these risks, uncertainties and contingencies are beyond our control, and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. Factors that might affect such forward-looking statements include, among other things, availability of and fluctuations in the prices of key raw materials, including coal tar, lumber and scrap copper; the impact of changes in commodity prices, such as oil, copper and chemicals, on product margins; the extent of the dependence of certain of our businesses on certain market sectors and customers; economic, political and environmental conditions in international markets, including governmental changes, tariffs, restrictions on trade and restrictions on the ability to transfer capital across countries; general economic and business conditions; potential difficulties in protecting our intellectual property; the ratings on our debt and our ability to repay or refinance our outstanding indebtedness as it matures; our ability to operate within the limitations of our debt covenants; unexpected business disruptions; potential delays in timing or changes to expected benefits from cost reduction efforts; potential impairment of our goodwill and/or long-lived assets; demand for Koppers goods and services; competitive conditions; capital market conditions, including interest rates, borrowing costs and foreign currency rate fluctuations; disruptions and inefficiencies in the supply chain; changes in laws; the impact of environmental laws and regulations; unfavorable resolution of claims against us, as well as those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by Koppers, particularly our latest annual report on Form 10-K and any subsequent filings by Koppers with the Securities and Exchange Commission. Any forward-looking statements in this release speak only as of the date of this release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events.
For | Quynh McGuire, Vice President, Investor Relations | |
412 227 2049 | ||
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SOURCE KOPPERS HOLDINGS INC.
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