Steelcase's last quarterly dividend was on Oct 4, 2022 (ex-date) with a distribution of $0.1 per share. At an annualized rate of $0.54 per share, the stock yields 7.41%. The latest dividend marks a decrease of $0.05, or 31% from the previous dividend.
SCS has a dividend yield of 7.41% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.62%, Steelcase's dividend yield is 357% higher. Historically SCS's dividend yield has averaged at 4.0% in the last 5 years, which is below the current yield.
Steelcase has been paying dividends since 1999. SCS has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 9% since one year ago. And with the stock price down by 42% from a year ago, the dividend yield marks an increase of 89%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 4, 2022 | Oct 17, 2022 | Sep 22, 2022 | $0.1 | normal |
| Jul 6, 2022 | Jul 18, 2022 | Jun 22, 2022 | $0.145 | normal |
| Apr 1, 2022 | Apr 14, 2022 | Mar 23, 2022 | $0.145 | normal |
| Dec 23, 2021 | Jan 10, 2022 | Dec 16, 2021 | $0.145 | normal |
| Oct 1, 2021 | Oct 15, 2021 | Sep 22, 2021 | $0.145 | normal |
| Jul 2, 2021 | Jul 20, 2021 | Jun 23, 2021 | $0.145 | normal |
| Apr 1, 2021 | Apr 15, 2021 | Mar 23, 2021 | $0.1 | normal |
| Dec 24, 2020 | Jan 11, 2021 | Dec 17, 2020 | $0.1 | normal |
| Oct 1, 2020 | Oct 15, 2020 | Sep 22, 2020 | $0.1 | normal |
| Jul 7, 2020 | Jul 15, 2020 | Jun 30, 2020 | $0.1 | normal |
| Apr 2, 2020 | Apr 17, 2020 | Mar 24, 2020 | $0.07 | normal |
| Dec 26, 2019 | Jan 13, 2020 | Dec 17, 2019 | $0.145 | normal |
| Sep 27, 2019 | Oct 14, 2019 | Sep 19, 2019 | $0.145 | normal |
| Jun 28, 2019 | Jul 16, 2019 | Jun 19, 2019 | $0.145 | normal |
| Mar 28, 2019 | Apr 12, 2019 | Mar 19, 2019 | $0.145 | normal |
| Dec 27, 2018 | Jan 14, 2019 | Dec 18, 2018 | $0.135 | normal |
| Sep 28, 2018 | Oct 15, 2018 | Sep 20, 2018 | $0.135 | normal |
| Jun 29, 2018 | Jul 17, 2018 | Jun 20, 2018 | $0.135 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Mar 20, 2018 | $0.135 | normal |
| Dec 28, 2017 | Jan 15, 2018 | Dec 19, 2017 | $0.128 | normal |
| Sep 27, 2017 | Oct 12, 2017 | Sep 18, 2017 | $0.128 | normal |
| Jun 29, 2017 | Jul 14, 2017 | Jun 21, 2017 | $0.128 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Mar 21, 2017 | $0.128 | normal |
| Dec 29, 2016 | Jan 13, 2017 | Dec 20, 2016 | $0.12 | normal |
| Sep 30, 2016 | Oct 14, 2016 | Sep 21, 2016 | $0.12 | normal |
| Jun 30, 2016 | Jul 15, 2016 | Jun 22, 2016 | $0.12 | normal |
| Mar 31, 2016 | Apr 14, 2016 | Mar 22, 2016 | $0.12 | normal |
SCS has a payout ratio of 411.5% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 28.9%, Steelcase's payout ratio is 1,324% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SCS Steelcase Inc | 7.41% | $0.54 | 411.5% |
| ACCO ACCO BRANDS Corp | 5.68% | $0.3 | 26.1% |
| KBAL Kimball International Inc | 5.41% | $0.36 | N/A |
| HNI Hni Corp | 4.4% | $1.26 | 74.1% |
Yes, Steelcase has paid four dividends in the last 12 months. SCS has been paying dividends since 1999.
Currently SCS's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in January 2023.
Steelcase's last dividend ex-date was on Oct 4, 2022. The dividend amount was $0.1 per share.
On an annual basis SCS pays $0.54 per share.
Currently Steelcase's dividend yield is 7.41%.
Steelcase pays dividends quarterly.
Steelcase's dividend payout ratio is 411.5%.
Steelcase's dividend yield is above the Industrials sector average.