Core Viewpoint - Koppers Holdings Inc. has announced a 14% increase in its quarterly dividend rate for 2025, reflecting confidence in its growth strategies and commitment to returning cash to shareholders [1][2]. Dividend Announcement - The quarterly dividend will rise from $0.07 to $0.08 per share, with an annual dividend rate increasing to $0.32 per share for 2025 [1][2]. - The dividend will be paid on March 24, 2025, to shareholders of record as of March 7, 2025 [1]. Company Strategy - The CEO emphasized that the dividend increase demonstrates the company's confidence in its strategies for sustainable and profitable growth [2]. - Koppers is committed to a balanced capital allocation approach, focusing on both future investments and returning cash to shareholders [2]. Company Overview - Koppers is an integrated global provider of treated wood products, wood preservation technologies, and carbon compounds, employing 2,100 people [3]. - The company plays a crucial role in global infrastructure by providing essential products such as railroad crossties and utility poles, while also focusing on innovation to meet future needs [3].
Koppers Holdings Inc. Announces Increase to Quarterly Cash Dividend