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SCHN Schnitzer Steel Industries dividend history, payout ratio & dates

Schnitzer Steel Industries's most recent quarterly dividend of $0.188 per share was on Apr 21, 2023 (ex-date). The annualized payout of $0.75 per share represents a current dividend yield of 2.58%.

Key dates

  • SCHN last dividend date: Apr 21, 2023
  • SCHN next dividend date: Not announced
SCHN dividend stats
DPS
$0.75
Dividend yield
2.58%
Payout ratio
29.4%
vs. Basic Materials sector
Dividend yield
2.06%
Payout ratio
27.7%

Dividend yield

What is Schnitzer Steel Industries current dividend yield

Schnitzer Steel Industries's dividend yield of 2.58% is above the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 2.06%, Schnitzer Steel Industries's dividend yield is 25% higher. Historically SCHN's dividend yield has averaged at 2.8% in the last 5 years, which is above the current yield.

Dividend history

What is SCHN dividend payout history and dates

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 decreased by 0.3% for the last year. But since the stock price has gone down by 30% from a year ago, the dividend yield has grown by 42%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 21, 2023 May 8, 2023 Apr 5, 2023 $0.188 normal
Jan 30, 2023 Feb 14, 2023 Jan 5, 2023 $0.188 normal
Nov 9, 2022 Nov 29, 2022 Oct 24, 2022 $0.188 normal
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 dividend payout ratio

What is Schnitzer Steel Industries dividend payout ratio compared to the sector

Payout ratio

Schnitzer Steel Industries's payout ratio of 29.4% is above the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 27.7%, Schnitzer Steel Industries's payout ratio is 6% higher.

Total amount of dividends paid per financial year (from cash flow)

SCHN dividend vs peer dividends

How does SCHN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SCHN Schnitzer Steel Industries Inc 2.58% $0.75 29.4%
WOR Worthington Industries Inc 2.08% $1.21 28.4%
STLD Steel Dynamics Inc 1.51% $1.45 7.6%
NUE Nucor Corp 1.48% $2.02 7.9%
CMC COMMERCIAL METALS Co 1.38% $0.62 7.1%
X United States Steel Corp 0.92% $0.2 2.6%

Frequently asked questions

Does Schnitzer Steel Industries pay a dividend?

Yes, Schnitzer Steel Industries has paid four dividends in the last 12 months. SCHN has been paying dividends since 1995.

When is Schnitzer Steel Industries's next dividend?

Currently SCHN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2023.

When was SCHN's last dividend?

Schnitzer Steel Industries's last dividend ex-date was on Apr 21, 2023. The dividend amount was $0.188 per share.

How much dividend does Schnitzer Steel Industries pay (per share)?

SCHN has paid dividend of $0.75 per share in the last year.

What is Schnitzer Steel Industries's dividend yield?

Schnitzer Steel Industries's current dividend yield is 2.58%.

How often does Schnitzer Steel Industries pay dividends?

Schnitzer Steel Industries pays dividends quarterly.

What is Schnitzer Steel Industries's dividend payout ratio?

Schnitzer Steel Industries's dividend payout ratio is 29.4%.

Does Schnitzer Steel Industries pay a good dividend?

Schnitzer Steel Industries's dividend yield is above the Basic Materials sector average.