Schnitzer Steel Industries (SCHN) Dividends
Price: $33.2
Market Cap: $906.73M
Avg Volume: 184.06K
Market Cap: $906.73M
Avg Volume: 184.06K
Country: US
Industry: Steel
Sector: Basic Materials
Industry: Steel
Sector: Basic Materials
Dividend Overview
Schnitzer Steel Industries (SCHN) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $0.75
- Ex-Dividend Date: July 14, 2023
- Total Dividends Paid (Last Year): $21.19M
Dividend Metrics
- Dividend Yield: 2.29%
- Payout Ratio: -82.14%
- Dividend Growth (YoY): 0.49%
Dividend Yield
2.29%
Dividend Payout Ratio
-82.14%
Dividend Paid & Capex Coverage Ratio
0.92x
Schnitzer Steel Industries pays an annual dividend of $0.75 per share. This means that for each share you own, you'll receive $0.75 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was July 14, 2023. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Schnitzer Steel Industries paid a total of $21.19M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Schnitzer Steel Industries's dividend yield stands at 2.29%. To put this in perspective, if you invest $100 in Schnitzer Steel Industries's stock at the current price, you can expect to receive approximately $2.29 in annual dividend income.
The company's dividend payout ratio is -82.14%. This means that Schnitzer Steel Industries is distributing -82.14% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Schnitzer Steel Industries's dividend has grown by 0.49%. This growth may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Schnitzer Steel Industries (SCHN) dividend payments have grown 0.49% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Schnitzer Steel Industries Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.1875 | $0.1875 | July 14, 2023 | July 17, 2023 | July 31, 2023 | June 27, 2023 |
| $0.1875 | $0.1875 | April 21, 2023 | April 24, 2023 | May 08, 2023 | April 05, 2023 |
| $0.188 | $0.1875 | January 30, 2023 | January 31, 2023 | February 14, 2023 | January 05, 2023 |
| $0.188 | $0.1875 | November 09, 2022 | November 10, 2022 | November 29, 2022 | October 24, 2022 |
| $0.188 | $0.1875 | July 08, 2022 | July 11, 2022 | July 25, 2022 | June 29, 2022 |
| $0.188 | $0.1875 | April 14, 2022 | April 18, 2022 | May 02, 2022 | April 06, 2022 |
| $0.1875 | $0.1875 | January 28, 2022 | January 31, 2022 | February 14, 2022 | January 04, 2022 |
| $0.188 | $0.1875 | November 05, 2021 | November 08, 2021 | November 22, 2021 | October 21, 2021 |
| $0.188 | $0.1875 | July 09, 2021 | July 12, 2021 | July 26, 2021 | June 30, 2021 |
| $0.1875 | $0.1875 | April 16, 2021 | April 19, 2021 | May 03, 2021 | April 07, 2021 |
| $0.1875 | $0.1875 | January 14, 2021 | January 18, 2021 | February 01, 2021 | January 07, 2021 |
| $0.188 | $0.1875 | October 30, 2020 | November 02, 2020 | November 16, 2020 | October 22, 2020 |
| $0.1875 | $0.1875 | August 07, 2020 | August 10, 2020 | August 24, 2020 | July 31, 2020 |
| $0.1875 | $0.1875 | May 08, 2020 | May 11, 2020 | May 26, 2020 | April 30, 2020 |
| $0.1875 | $0.1875 | February 07, 2020 | February 10, 2020 | February 24, 2020 | January 28, 2020 |
| $0.1875 | $0.1875 | November 15, 2019 | November 18, 2019 | November 29, 2019 | November 05, 2019 |
| $0.1875 | $0.1875 | August 12, 2019 | August 13, 2019 | August 27, 2019 | July 30, 2019 |
| $0.1875 | $0.1875 | May 10, 2019 | May 13, 2019 | May 28, 2019 | April 26, 2019 |
| $0.1875 | $0.1875 | February 08, 2019 | February 11, 2019 | February 25, 2019 | January 29, 2019 |
| $0.1875 | $0.1875 | November 08, 2018 | November 12, 2018 | November 26, 2018 | October 31, 2018 |
| $0.1875 | $0.1875 | August 10, 2018 | August 13, 2018 | August 27, 2018 | July 31, 2018 |
| $0.1875 | $0.1875 | May 11, 2018 | May 14, 2018 | May 29, 2018 | April 26, 2018 |
| $0.1875 | $0.1875 | February 09, 2018 | February 12, 2018 | February 26, 2018 | January 30, 2018 |
| $0.1875 | $0.1875 | November 10, 2017 | November 13, 2017 | November 27, 2017 | October 25, 2017 |
| $0.1875 | $0.1875 | August 03, 2017 | August 07, 2017 | August 21, 2017 | July 31, 2017 |
| $0.1875 | $0.1875 | May 04, 2017 | May 08, 2017 | May 22, 2017 | May 01, 2017 |
| $0.1875 | $0.1875 | February 02, 2017 | February 06, 2017 | February 21, 2017 | January 27, 2017 |
| $0.1875 | $0.1875 | November 03, 2016 | November 07, 2016 | November 21, 2016 | October 28, 2016 |
| $0.1875 | $0.1875 | August 04, 2016 | August 08, 2016 | August 22, 2016 | August 01, 2016 |
| $0.1875 | $0.1875 | May 05, 2016 | May 09, 2016 | May 23, 2016 | April 29, 2016 |
| $0.1875 | $0.1875 | February 04, 2016 | February 08, 2016 | February 22, 2016 | January 29, 2016 |
| $0.1875 | $0.1875 | November 05, 2015 | November 09, 2015 | November 23, 2015 | October 30, 2015 |
| $0.1875 | $0.1875 | August 06, 2015 | August 10, 2015 | August 24, 2015 | July 31, 2015 |
| $0.1875 | $0.1875 | May 07, 2015 | May 11, 2015 | May 26, 2015 | April 30, 2015 |
| $0.1875 | $0.1875 | February 05, 2015 | February 09, 2015 | February 23, 2015 | February 02, 2015 |
| $0.1875 | $0.1875 | November 06, 2014 | November 10, 2014 | November 24, 2014 | October 31, 2014 |
| $0.1875 | $0.1875 | August 07, 2014 | August 11, 2014 | August 25, 2014 | August 01, 2014 |
| $0.1875 | $0.1875 | May 08, 2014 | May 12, 2014 | May 27, 2014 | April 30, 2014 |
| $0.1875 | $0.1875 | February 18, 2014 | February 20, 2014 | February 28, 2014 | February 10, 2014 |
| $0.1875 | $0.1875 | November 14, 2013 | November 18, 2013 | November 29, 2013 | November 08, 2013 |
| $0.1875 | $0.1875 | August 08, 2013 | August 12, 2013 | August 26, 2013 | August 02, 2013 |
| $0.1875 | $0.1875 | May 14, 2013 | May 16, 2013 | May 30, 2013 | April 26, 2013 |
| $0.1875 | $0.1875 | February 19, 2013 | February 21, 2013 | March 07, 2013 | February 01, 2013 |
| $0.1875 | $0.1875 | November 27, 2012 | November 29, 2012 | December 13, 2012 | November 12, 2012 |
| $0.1875 | $0.1875 | August 14, 2012 | August 16, 2012 | August 30, 2012 | July 30, 2012 |
| $0.1875 | $0.1875 | May 15, 2012 | May 17, 2012 | May 31, 2012 | April 05, 2012 |
| $0.017 | $0.017 | February 14, 2012 | February 16, 2012 | March 01, 2012 | January 31, 2012 |
| $0.017 | $0.017 | November 29, 2011 | December 01, 2011 | December 15, 2011 | November 15, 2011 |
| $0.017 | $0.017 | August 16, 2011 | August 18, 2011 | September 01, 2011 | August 02, 2011 |
| $0.017 | $0.017 | May 17, 2011 | May 19, 2011 | June 02, 2011 | May 03, 2011 |
| $0.017 | $0.017 | February 01, 2011 | February 03, 2011 | February 17, 2011 | January 25, 2011 |
| $0.017 | $0.017 | November 16, 2010 | November 18, 2010 | December 02, 2010 | November 02, 2010 |
| $0.017 | $0.017 | August 17, 2010 | August 19, 2010 | September 02, 2010 | August 16, 2010 |
| $0.017 | $0.017 | May 18, 2010 | May 20, 2010 | June 03, 2010 | May 04, 2010 |
| $0.017 | $0.017 | February 11, 2010 | February 16, 2010 | March 01, 2010 | February 02, 2010 |
| $0.017 | $0.017 | November 12, 2009 | November 16, 2009 | November 30, 2009 | November 03, 2009 |
| $0.017 | $0.017 | August 13, 2009 | August 17, 2009 | August 31, 2009 | August 04, 2009 |
| $0.017 | $0.017 | May 14, 2009 | May 18, 2009 | June 01, 2009 | May 05, 2009 |
| $0.017 | $0.017 | February 12, 2009 | February 17, 2009 | March 02, 2009 | February 02, 2009 |
| $0.017 | $0.017 | November 13, 2008 | November 17, 2008 | December 01, 2008 | November 03, 2008 |
| $0.017 | $0.017 | August 14, 2008 | August 18, 2008 | September 02, 2008 | August 04, 2008 |
| $0.017 | $0.017 | May 15, 2008 | May 19, 2008 | June 02, 2008 | May 05, 2008 |
| $0.017 | $0.017 | February 13, 2008 | February 18, 2008 | March 03, 2008 | February 04, 2008 |
| $0.017 | $0.017 | November 15, 2007 | November 19, 2007 | December 03, 2007 | November 06, 2007 |
| $0.017 | $0.017 | August 07, 2007 | August 09, 2007 | August 23, 2007 | August 03, 2007 |
| $0.017 | $0.017 | May 03, 2007 | May 07, 2007 | May 21, 2007 | April 23, 2007 |
| $0.017 | $0.017 | February 08, 2007 | February 12, 2007 | February 26, 2007 | February 05, 2007 |
| $0.017 | $0.017 | November 09, 2006 | November 13, 2006 | November 27, 2006 | October 25, 2006 |
| $0.017 | $0.017 | August 14, 2006 | August 16, 2006 | August 30, 2006 | August 01, 2006 |
| $0.017 | $0.017 | May 04, 2006 | May 08, 2006 | May 22, 2006 | April 24, 2006 |
| $0.017 | $0.017 | February 09, 2006 | February 13, 2006 | February 28, 2006 | February 02, 2006 |
| $0.017 | $0.017 | November 09, 2005 | November 14, 2005 | November 24, 2005 | October 21, 2005 |
| $0.017 | $0.017 | August 04, 2005 | August 08, 2005 | August 22, 2005 | July 22, 2005 |
| $0.017 | $0.017 | May 05, 2005 | May 09, 2005 | May 23, 2005 | April 21, 2005 |
| $0.017 | $0.017 | February 10, 2005 | February 14, 2005 | February 28, 2005 | February 04, 2005 |
| $0.017 | $0.017 | November 08, 2004 | November 10, 2004 | November 24, 2004 | October 21, 2004 |
| $0.017 | $0.017 | August 10, 2004 | August 12, 2004 | August 26, 2004 | July 30, 2004 |
| $0.017 | $0.017 | May 10, 2004 | May 12, 2004 | May 26, 2004 | April 23, 2004 |
| $0.025 | $0.01666675 | February 11, 2004 | February 13, 2004 | February 26, 2004 | January 29, 2004 |
| $0.025 | $0.01666675 | November 07, 2003 | November 12, 2003 | November 25, 2003 | October 24, 2003 |
| $0.05 | $0.01666675 | July 22, 2003 | July 24, 2003 | August 07, 2003 | July 11, 2003 |
| $0.05 | $0.01666675 | May 06, 2003 | May 08, 2003 | May 22, 2003 | April 10, 2003 |
| $0.05 | $0.01666675 | February 05, 2003 | February 07, 2003 | February 21, 2003 | January 29, 2003 |
| $0.05 | $0.01666675 | November 05, 2002 | November 07, 2002 | November 21, 2002 | October 17, 2002 |
| $0.05 | $0.01666675 | August 06, 2002 | August 08, 2002 | August 22, 2002 | July 18, 2002 |
| $0.05 | $0.01666675 | May 06, 2002 | May 08, 2002 | May 22, 2002 | April 18, 2002 |
| $0.05 | $0.01666675 | February 06, 2002 | February 08, 2002 | February 22, 2002 | February 01, 2002 |
| $0.05 | $0.01666675 | November 06, 2001 | November 08, 2001 | November 22, 2001 | October 11, 2001 |
| $0.05 | $0.01666675 | August 06, 2001 | August 08, 2001 | August 22, 2001 | July 19, 2001 |
| $0.05 | $0.01666675 | May 04, 2001 | May 08, 2001 | May 22, 2001 | April 12, 2001 |
| $0.05 | $0.01666675 | February 06, 2001 | February 08, 2001 | February 22, 2001 | February 01, 2001 |
| $0.05 | $0.01666675 | November 03, 2000 | November 07, 2000 | November 22, 2000 | October 30, 2000 |
| $0.05 | $0.01666675 | August 04, 2000 | August 08, 2000 | August 23, 2000 | July 24, 2000 |
| $0.05 | $0.01666675 | May 04, 2000 | May 08, 2000 | May 23, 2000 | April 27, 2000 |
| $0.05 | $0.01666675 | February 02, 2000 | February 04, 2000 | February 18, 2000 | January 27, 2000 |
| $0.05 | $0.01666675 | November 02, 1999 | November 04, 1999 | November 19, 1999 | October 07, 1999 |
| $0.05 | $0.01666675 | August 02, 1999 | August 04, 1999 | August 19, 1999 | July 26, 1999 |
| $0.05 | $0.01666675 | May 03, 1999 | May 05, 1999 | May 20, 1999 | April 09, 1999 |
| $0.05 | $0.01666675 | February 02, 1999 | February 04, 1999 | February 19, 1999 | January 25, 1999 |
| $0.05 | $0.01666675 | November 04, 1998 | November 06, 1998 | November 21, 1998 | October 15, 1998 |
| $0.05 | $0.01666675 | August 04, 1998 | August 06, 1998 | August 21, 1998 | July 21, 1998 |
| $0.05 | $0.01666675 | May 04, 1998 | May 06, 1998 | May 21, 1998 | April 07, 1998 |
| $0.05 | $0.01666675 | February 03, 1998 | February 05, 1998 | February 20, 1998 | January 09, 1998 |
| $0.05 | $0.01666675 | November 04, 1997 | November 06, 1997 | November 21, 1997 | October 20, 1997 |
| $0.05 | $0.01666675 | August 04, 1997 | August 06, 1997 | August 21, 1997 | July 21, 1997 |
| $0.05 | $0.01666675 | May 08, 1997 | May 06, 1997 | May 21, 1997 | May 06, 1997 |
| $0.05 | $0.01666675 | February 04, 1997 | February 06, 1997 | February 21, 1997 | January 06, 1997 |
| $0.05 | $0.01666675 | November 05, 1996 | November 07, 1996 | November 22, 1996 | October 10, 1996 |
| $0.05 | $0.01666675 | August 06, 1996 | August 08, 1996 | August 23, 1996 | July 12, 1996 |
| $0.05 | $0.01666675 | May 07, 1996 | May 09, 1996 | May 24, 1996 | April 01, 1996 |
| $0.05 | $0.01666675 | February 06, 1996 | February 08, 1996 | February 23, 1996 | January 17, 1996 |
| $0.05 | $0.01666675 | November 07, 1995 | November 09, 1995 | November 24, 1995 | October 05, 1995 |
| $0.05 | $0.01666675 | August 08, 1995 | August 10, 1995 | August 25, 1995 | July 10, 1995 |
| $0.05 | $0.01666675 | May 04, 1995 | May 10, 1995 | May 25, 1995 | April 10, 1995 |
| $0.05 | $0.01667 | February 03, 1995 | February 09, 1995 | February 24, 1995 | |
| $0.05 | $0.01667 | November 04, 1994 | November 10, 1994 | November 25, 1994 | |
| $0.05 | $0.01667 | August 04, 1994 | August 10, 1994 | August 25, 1994 | |
| $0.05 | $0.0167 | May 04, 1994 | May 10, 1994 | May 25, 1994 | |
| $0.05 | $0.01667 | February 04, 1994 | February 10, 1994 | February 25, 1994 |
Frequently Asked Questions
Schnitzer Steel Industries currently pays an annual dividend of $0.75 per share. This means that for each share you own, you'll receive $0.75 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Schnitzer Steel Industries's current dividend yield is 2.29%. This means that if you invest $100 in Schnitzer Steel Industries's stock at the current price, you can expect to receive approximately $2.29 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Schnitzer Steel Industries was July 14, 2023. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Schnitzer Steel Industries's investor relations page or financial news sources for the next ex-dividend date announcement.
Schnitzer Steel Industries's dividend payout ratio is currently -82.14%. This means that the company is distributing -82.14% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Schnitzer Steel Industries paid a total of $21.19M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Schnitzer Steel Industries distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Schnitzer Steel Industries's dividend has grown by 0.49%. This growth rate provides insight into the company's dividend policy and financial health over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings and commitment to returning value to shareholders.