Back to SCS overview

SCS Steelcase dividend history, payout ratio & dates

Steelcase's last dividend was on Jul 3, 2024 (ex-date) with a distribution of $0.1 per share. At an annualized rate of $0.4 per share, the stock yields 3.02%.

Key dates

  • SCS last dividend date: Jul 3, 2024
SCS dividend stats
DPS
$0.4
Dividend yield
3.02%
Payout ratio
52.6%
vs. Industrials sector
Dividend yield
1.56%
Payout ratio
31.5%

Dividend yield

What is Steelcase current dividend yield

SCS has a dividend yield of 3.02% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.56%, Steelcase's dividend yield is 94% higher. Historically SCS's dividend yield has averaged at 4.3% in the last 5 years, which is above 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 has not changed since one year ago. However with the stock price up by 50% from a year ago, the dividend yield marks a decrease of 33%.

Recent dividends

Ex-date Amount Yield (TTM)
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

What is Steelcase dividend payout ratio compared to the sector

Payout ratio

SCS has a payout ratio of 52.6% which is higher than the Industrials sector average but lower than the industry average. If we compare it with the Industrials sector average of 31.5%, Steelcase's payout ratio is 67% 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
ACCO ACCO BRANDS Corp 5.78% $0.3 N/A
PBI Pitney Bowes Inc 3.11% $0.2 N/A
SCS Steelcase Inc 3.02% $0.4 52.6%
HNI Hni Corp 2.55% $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 Jul 3, 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 3.02%.

How often does Steelcase pay dividends?

Steelcase pays dividends quarterly.

What is Steelcase's dividend payout ratio?

Steelcase's dividend payout ratio is 52.6%.

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.