SCS Steelcase dividend history, payout ratio & dates
Steelcase's last dividend was on Sep 30, 2024 (ex-date) with a distribution of $0.1 per share. At an annualized rate of $0.4 per share, the stock yields 3.28%.
Key dates
- SCS last dividend date: Sep 30, 2024
SCS dividend stats
vs. Industrials sector
Dividend yield
SCS has a dividend yield of 3.28% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.38%, Steelcase's dividend yield is 138% higher. Historically SCS's dividend yield has averaged at 4.3% in the last 5 years, which is above the current yield.
Dividend history
Steelcase has been paying dividends since 1999. SCS has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 18% from a year ago, the dividend yield marks a decrease of 15%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.1 | 2.97% |
| Jul 3, 2024 | $0.1 | 3.09% |
| Apr 2, 2024 | $0.1 | 3.07% |
| Jan 3, 2024 | $0.1 | 3.05% |
| Oct 2, 2023 | $0.1 | 3.68% |
| Jul 5, 2023 | $0.1 | 5.19% |
| Apr 4, 2023 | $0.1 | 5.5% |
| Dec 30, 2022 | $0.1 | 6.93% |
| Oct 4, 2022 | $0.1 | 7.32% |
| Jul 6, 2022 | $0.145 | 5.52% |
| Apr 1, 2022 | $0.145 | 4.93% |
| Dec 23, 2021 | $0.145 | 4.79% |
| Oct 1, 2021 | $0.145 | 3.83% |
| Jul 2, 2021 | $0.145 | 3.03% |
| Apr 1, 2021 | $0.1 | 2.76% |
| Dec 24, 2020 | $0.1 | 2.74% |
| Oct 1, 2020 | $0.1 | 3.89% |
| Jul 7, 2020 | $0.1 | 4.38% |
| Apr 2, 2020 | $0.07 | 5.99% |
| Dec 26, 2019 | $0.145 | 2.81% |
| Sep 27, 2019 | $0.145 | 3.1% |
| Jun 28, 2019 | $0.145 | 3.27% |
| Mar 28, 2019 | $0.145 | 3.67% |
| Dec 27, 2018 | $0.135 | 3.66% |
| Sep 28, 2018 | $0.135 | 2.88% |
| Jun 29, 2018 | $0.135 | 3.89% |
| Mar 28, 2018 | $0.135 | 3.81% |
| Dec 28, 2017 | $0.128 | 3.36% |
| Sep 27, 2017 | $0.128 | 3.3% |
| Jun 29, 2017 | $0.128 | 3.52% |
| Mar 29, 2017 | $0.128 | 2.93% |
| Dec 29, 2016 | $0.12 | 2.68% |
| Sep 30, 2016 | $0.12 | 3.4% |
| Jun 30, 2016 | $0.12 | 3.43% |
| Mar 31, 2016 | $0.12 | 3.07% |
| Jan 5, 2016 | $0.113 | 3.11% |
| Oct 1, 2015 | $0.113 | 2.38% |
| Jul 1, 2015 | $0.113 | 2.31% |
| Apr 1, 2015 | $0.113 | 2.26% |
Steelcase dividend payout ratio
Payout ratio
SCS has a payout ratio of 37.7% which is higher than the Industrials sector average but lower than the industry average. If we compare it with the Industrials sector average of 30.7%, Steelcase's payout ratio is 23% higher.
Total amount of dividends paid per financial year (from cash flow)
SCS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ACCO ACCO BRANDS Corp | 5.99% | $0.3 | N/A |
| SCS Steelcase Inc | 3.26% | $0.4 | 37.7% |
| PBI Pitney Bowes Inc | 2.71% | $0.2 | N/A |
| HNI Hni Corp | 2.62% | $1.3 | 52.8% |
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 was SCS's last dividend?
Steelcase's last dividend ex-date was on Sep 30, 2024. The dividend amount was $0.1 per share.
How much dividend does Steelcase pay (per share)?
On an annual basis SCS pays $0.4 per share.
What is Steelcase's dividend yield?
Currently Steelcase's dividend yield is 3.28%.
How often does Steelcase pay dividends?
Steelcase pays dividends quarterly.
What is Steelcase's dividend payout ratio?
Steelcase's dividend payout ratio is 37.7%.
Does Steelcase pay a good dividend?
Steelcase's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.