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Koppers Holdings Inc. Declares Quarterly Cash Dividend

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Koppers Holdings Inc. (NYSE: KOP), a global provider of treated wood products, wood treatment chemicals, and carbon compounds, has announced a quarterly cash dividend of $0.07 per share. The dividend will be paid on September 16, 2024, to shareholders of record as of August 30, 2024. The company expects to continue paying regular quarterly dividends, subject to Board approval and determination that it remains in the best interests of Koppers and its shareholders. Future dividend decisions will be based on various factors including financial position, results of operations, cash flows, capital requirements, and applicable laws.

Koppers Holdings Inc. (NYSE: KOP), un fornitore globale di prodotti in legno trattato, sostanze chimiche per il trattamento del legno e composti di carbonio, ha annunciato un dividendo in contante trimestrale di 0,07 $ per azione. Il dividendo sarà pagato il 16 settembre 2024, agli azionisti registrati entro il 30 agosto 2024. L'azienda prevede di continuare a pagare dividendi trimestrali regolari, soggetti all'approvazione del Consiglio e alla determinazione che rimanga nel migliore interesse di Koppers e dei suoi azionisti. Le decisioni sui dividendi futuri saranno basate su vari fattori, tra cui la posizione finanziaria, i risultati delle operazioni, i flussi di cassa, i requisiti di capitale e le leggi applicabili.

Koppers Holdings Inc. (NYSE: KOP), un proveedor global de productos de madera tratada, productos químicos para el tratamiento de madera y compuestos de carbono, ha anunciado un dividendo en efectivo trimestral de 0,07 $ por acción. El dividendo se pagará el 16 de septiembre de 2024 a los accionistas registrados hasta el 30 de agosto de 2024. La empresa espera continuar pagando dividendos trimestrales regulares, sujeto a la aprobación de la Junta y a la determinación de que sigue siendo en el mejor interés de Koppers y sus accionistas. Las decisiones sobre dividendos futuros se basarán en varios factores, incluidos la posición financiera, los resultados operativos, los flujos de efectivo, los requisitos de capital y las leyes aplicables.

Koppers Holdings Inc. (NYSE: KOP)은 트리트먼트된 목재 제품, 목재 처리 화학물질 및 탄소 화합물의 글로벌 공급업체로, 주당 0.07 달러의 분기 현금 배당을 발표했습니다. 배당금은 2024년 9월 16일에 지급되며, 2024년 8월 30일 기준 주주에게 지급됩니다. 이 회사는 Koppers와 그 주주들에게 최선의 이익이 된다는 결정이 있는 경우 정기적인 분기 배당금을 계속 지급할 것으로 기대하고 있습니다. 향후 배당금 결정은 재무 상태, 운영 결과, 현금 흐름, 자본 요구 사항 및 관련 법률을 포함한 다양한 요인에 따라 달라질 것입니다.

Koppers Holdings Inc. (NYSE: KOP), un fournisseur mondial de produits en bois traité, de produits chimiques pour le traitement du bois et de composés de carbone, a annoncé un dividende en espèces trimestriel de 0,07 $ par action. Le dividende sera payé le 16 septembre 2024 aux actionnaires inscrits au 30 août 2024. L'entreprise prévoit de continuer à verser des dividendes trimestriels réguliers, sous réserve de l'approbation du conseil d'administration et de la détermination qu'il reste dans le meilleur intérêt de Koppers et de ses actionnaires. Les décisions relatives aux dividendes futurs seront basées sur divers facteurs, y compris la position financière, les résultats d'exploitation, les flux de trésorerie, les besoins en capital et les lois applicables.

Koppers Holdings Inc. (NYSE: KOP), ein globaler Anbieter von behandelten Holzprodukten, Holzbehandlungschemikalien und Kohlenstoffverbindungen, hat eine vierteljährliche Bar-Dividende von 0,07 $ pro Aktie angekündigt. Das Dividende wird am 16. September 2024 an die zum 30. August 2024 registrierten Aktionäre ausgezahlt. Das Unternehmen erwartet, weiterhin regelmäßige vierteljährliche Dividenden zu zahlen, vorbehaltlich der Genehmigung des Vorstands und der Feststellung, dass dies im besten Interesse von Koppers und seinen Aktionären bleibt. Zukünftige Dividendentscheidungen basieren auf verschiedenen Faktoren, darunter die finanzielle Lage, die Betriebsergebnisse, die Cashflows, die Kapitalanforderungen und die geltenden Gesetze.

Positive
  • Consistent dividend payment demonstrates financial stability
  • Regular dividend provides income for shareholders
  • Board's commitment to evaluating future dividends shows confidence in company's prospects
Negative
  • Relatively low dividend amount of $0.07 per share

PITTSBURGH, Aug. 8, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of Koppers common stock.  The dividend is payable on September 16, 2024, to shareholders of record as of the close of trading on August 30, 2024.

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 2,200 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.

For more information, visit: www.koppers.com. Inquiries from the media should be directed to Ms. Julia Millman at MillmanJR@koppers.com or 412-227-2114.  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, 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, the impact of changes in commodity prices, such as oil and copper, on product margins; 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 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; availability and fluctuations in the prices of key raw materials; disruptions and inefficiencies in the supply chain; economic, political and environmental conditions in international markets; 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 Information:

Quynh McGuire, Vice President, Investor Relations


412 227 2049


McGuireQT@koppers.com

 

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SOURCE KOPPERS HOLDINGS INC.

FAQ

When will Koppers Holdings Inc. (KOP) pay its next dividend?

Koppers Holdings Inc. (KOP) will pay its next quarterly dividend on September 16, 2024.

What is the dividend amount for Koppers Holdings Inc. (KOP) stock?

The quarterly cash dividend for Koppers Holdings Inc. (KOP) is $0.07 per share of common stock.

What is the record date for Koppers Holdings Inc. (KOP) dividend?

The record date for Koppers Holdings Inc. (KOP) dividend is August 30, 2024, at the close of trading.

How often does Koppers Holdings Inc. (KOP) pay dividends?

Koppers Holdings Inc. (KOP) expects to pay regular quarterly dividends, subject to Board approval.

Koppers Holdings, Inc.

NYSE:KOP

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KOP Stock Data

770.91M
21.20M
4.24%
94.67%
0.77%
Specialty Chemicals
Lumber & Wood Products (no Furniture)
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United States of America
PITTSBURGH