Schnitzer Steel Industries's most recent quarterly dividend of $0.188 per share was on Jul 8, 2022 (ex-date). The annualized payout of $0.75 per share represents a current dividend yield of 2.45%. The latest SCHN distribution of $0.188 marks a dividend change of -0.3%.
Schnitzer Steel Industries's dividend yield of 2.45% is above the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 2.13%, Schnitzer Steel Industries's dividend yield is 15% higher. Historically SCHN's dividend yield has averaged at 2.8% in the last 5 years, which is above the current yield.
Schnitzer Steel Industries has a history of paying dividends since 1995. Our records of SCHN show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone down by 34% from a year ago, the dividend yield has grown by 50%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 8, 2022 | Jul 25, 2022 | Jun 29, 2022 | $0.188 | normal |
| Apr 14, 2022 | May 2, 2022 | $0.188 | normal | |
| Jan 28, 2022 | Feb 14, 2022 | Jan 4, 2022 | $0.188 | normal |
| Nov 5, 2021 | Nov 22, 2021 | Oct 21, 2021 | $0.188 | normal |
| Jul 9, 2021 | Jul 26, 2021 | Jun 30, 2021 | $0.188 | normal |
| Apr 16, 2021 | May 3, 2021 | Apr 7, 2021 | $0.188 | normal |
| Jan 14, 2021 | Feb 1, 2021 | Jan 7, 2021 | $0.188 | normal |
| Oct 30, 2020 | Nov 16, 2020 | $0.188 | normal | |
| Aug 7, 2020 | Aug 24, 2020 | Jul 31, 2020 | $0.188 | normal |
| May 8, 2020 | May 26, 2020 | Apr 30, 2020 | $0.188 | normal |
| Feb 7, 2020 | Feb 24, 2020 | Jan 28, 2020 | $0.188 | normal |
| Nov 15, 2019 | Nov 29, 2019 | Nov 5, 2019 | $0.188 | normal |
| Aug 12, 2019 | Aug 27, 2019 | Jul 30, 2019 | $0.188 | normal |
| May 10, 2019 | May 28, 2019 | Apr 26, 2019 | $0.188 | normal |
| Feb 8, 2019 | Feb 25, 2019 | Jan 29, 2019 | $0.188 | normal |
| Nov 8, 2018 | Nov 26, 2018 | Oct 31, 2018 | $0.188 | normal |
| Aug 10, 2018 | Aug 27, 2018 | Jul 31, 2018 | $0.188 | normal |
| May 11, 2018 | May 29, 2018 | Apr 26, 2018 | $0.188 | normal |
| Feb 9, 2018 | Feb 26, 2018 | Feb 1, 2018 | $0.188 | normal |
| Nov 10, 2017 | Nov 27, 2017 | Oct 25, 2017 | $0.188 | normal |
| Aug 3, 2017 | Aug 21, 2017 | Jul 25, 2017 | $0.188 | normal |
| May 4, 2017 | May 22, 2017 | Apr 27, 2017 | $0.188 | normal |
| Feb 2, 2017 | Feb 21, 2017 | Jan 26, 2017 | $0.188 | normal |
| Nov 3, 2016 | Nov 21, 2016 | Oct 27, 2016 | $0.188 | normal |
| Aug 4, 2016 | Aug 22, 2016 | Jul 26, 2016 | $0.188 | normal |
| May 5, 2016 | May 23, 2016 | Apr 27, 2016 | $0.188 | normal |
Schnitzer Steel Industries's payout ratio of 10.5% is above the industry and its peers average but below the Basic Materials sector average. Compared to its Basic Materials sector average of 26.9%, Schnitzer Steel Industries's payout ratio is 61% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WOR Worthington Industries Inc | 2.61% | $1.15 | 15.1% |
| SCHN Schnitzer Steel Industries Inc | 2.45% | $0.75 | 10.5% |
| NUE Nucor Corp | 1.7% | $2 | 6.1% |
| STLD Steel Dynamics Inc | 1.64% | $1.28 | 5.7% |
| CMC COMMERCIAL METALS Co | 1.43% | $0.56 | 6.3% |
| X United States Steel Corp | 0.99% | $0.2 | 1.1% |
Yes, Schnitzer Steel Industries has paid four dividends in the last 12 months. SCHN has been paying dividends since 1995.
Currently SCHN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in October 2022.
Schnitzer Steel Industries's last dividend ex-date was on Jul 8, 2022. The dividend amount was $0.188 per share.
SCHN has paid dividend of $0.75 per share in the last year.
Schnitzer Steel Industries's current dividend yield is 2.45%.
Schnitzer Steel Industries pays dividends quarterly.
Schnitzer Steel Industries's dividend payout ratio is 10.5%.
Schnitzer Steel Industries's dividend yield is above the Basic Materials sector average.