Back to SCS overview

SCS Steelcase dividend history, payout ratio & dates

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.

Key dates

  • SCS last dividend date: Oct 4, 2022
  • SCS next dividend date: Not announced
SCS dividend stats
DPS
$0.54
Dividend yield
7.41%
Payout ratio
411.5%
vs. Industrials sector
Dividend yield
1.62%
Payout ratio
28.9%

Dividend yield

What is Steelcase current dividend yield

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.

Dividend history

What is SCS dividend payout history and dates

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%.

Recent dividends

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

Steelcase dividend payout ratio

What is Steelcase dividend payout ratio compared to the sector

Payout ratio

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.

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

SCS dividend vs peer dividends

How does SCS dividend compare to its peers' dividends
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%

Frequently asked questions

Does Steelcase pay a dividend?

Yes, Steelcase has paid four dividends in the last 12 months. SCS has been paying dividends since 1999.

When is Steelcase's next dividend?

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.

When was SCS's last dividend?

Steelcase's last dividend ex-date was on Oct 4, 2022. The dividend amount was $0.1 per share.

How much dividend does Steelcase pay (per share)?

On an annual basis SCS pays $0.54 per share.

What is Steelcase's dividend yield?

Currently Steelcase's dividend yield is 7.41%.

How often does Steelcase pay dividends?

Steelcase pays dividends quarterly.

What is Steelcase's dividend payout ratio?

Steelcase's dividend payout ratio is 411.5%.

Does Steelcase pay a good dividend?

Steelcase's dividend yield is above the Industrials sector average.