Koppers Holdings Inc. announced on February 12, 2025, that its Board of Directors approved a 14 percent increase in the planned quarterly dividend rate for 2025. The dividend will increase from $0.07 to $0.08 per share of Koppers common stock. This raises the annual dividend rate for 2025 to $0.32 per share.
The increased quarterly dividend is payable on March 24, 2025, to shareholders of record as of the close of trading on March 7, 2025. This decision reflects the company's continued confidence in its strategies to generate sustainable, profitable growth. It also underscores Koppers' commitment to a balanced capital allocation approach.
Chief Executive Officer Leroy Ball stated that the dividend increase demonstrates the company's ability to invest for the future while also returning cash to shareholders. This move signals financial strength and a positive outlook for future cash flow generation. The enhanced dividend is a direct benefit to shareholders.
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