Steelcase's last quarterly dividend was on Apr 2, 2024 (ex-date) with a distribution of $0.1 per share. At an annualized rate of $0.4 per share, the stock yields 3.31%.
SCS has a dividend yield of 3.31% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.41%, Steelcase's dividend yield is 135% higher. Historically SCS's dividend yield has averaged at 4.3% in the last 5 years, which is above 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 a decrease of 10% since one year ago. And with the stock price up by 45% from a year ago, the dividend yield marks a decrease of 38%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 2, 2024 | Apr 15, 2024 | Mar 20, 2024 | $0.1 | normal |
| Jan 3, 2024 | Jan 16, 2024 | Dec 19, 2023 | $0.1 | normal |
| Oct 2, 2023 | Oct 13, 2023 | Sep 19, 2023 | $0.1 | normal |
| Jul 5, 2023 | Jul 17, 2023 | Jun 21, 2023 | $0.1 | normal |
| Apr 4, 2023 | Apr 14, 2023 | Mar 22, 2023 | $0.1 | normal |
| Dec 30, 2022 | Jan 13, 2023 | Dec 19, 2022 | $0.1 | normal |
| 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 58.8% which is higher than the Industrials sector average but lower than the industry average. If we compare it with the Industrials sector average of 30.4%, Steelcase's payout ratio is 93% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ACCO ACCO BRANDS Corp | 6.15% | $0.3 | N/A |
| PBI Pitney Bowes Inc | 4.74% | $0.2 | N/A |
| SCS Steelcase Inc | 3.36% | $0.4 | 58.8% |
| HNI Hni Corp | 3.02% | $1.28 | 115.3% |
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 July 2024.
Steelcase's last dividend ex-date was on Apr 2, 2024. The dividend amount was $0.1 per share.
On an annual basis SCS pays $0.4 per share.
Currently Steelcase's dividend yield is 3.31%.
Steelcase pays dividends quarterly.
Steelcase's dividend payout ratio is 58.8%.
Steelcase's dividend yield is above the Industrials sector average.