Schnitzer Steel Industries, Inc. - (SCHN) Dividends

Schnitzer Steel Industries, Inc. - (SCHN): $35.90

-1.12 (-3.03%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Add SCHN to Watchlist
Sign Up

Industry: Steel


Ranked

of 33

in industry

Dividend Yield and Dividend History Highlights

  • SCHN has a compound annual growth rate of its cash flow of -0.25%, higher than about 4.48% stocks in our dividend set.
  • If you're seeking price stability while collecting dividends, note that SCHN has less volatility in its price than 4.32% of US stocks in our dividend set.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with SCHN that may be suitable potential portfolio mates: WDFC, FEDU, SVT, MPX and SNX.
SCHN Ex-Dividend Date
SCHN Dividend Yield
2.03%
SCHN Annual Dividend
$0.75
SCHN Payout Ratio

SCHN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$35.90$13.51 -72.37%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Schnitzer Steel Industries Inc, the dividend discount model StockNews created for the company implies a negative return of 72.37%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Schnitzer Steel Industries Inc are:

  • In terms of opportunity, SCHN's provides a return of -72.37% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 17.39% of all stocks we measured with our dividend discount model.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for SCHN, approximately 8.41% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

SCHN Dividend Chart


SCHN Dividend History

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...


SCHN Dividends vs. Peers

SCHN's dividend yield currently ranks #13 of 45 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 MSB Mesabi Trust 16.74%
2 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 12.17%
3 SID Companhia Siderurgica Nacional S.A. 7.20%
4 NPSCY Nippon Steel Corporation 6.99%
5 PKX POSCO 5.82%
6 APEMY Aperam S.A. 5.30%
7 TX TERNIUM S.A. ADR 4.32%
8 ANIOY Acerinox, S.A. 4.01%
9 GGB Gerdau S.A. 2.84%
10 MITSY MITSUI & CO., LTD. 2.82%
11 WOR Worthington Industries, Inc. 2.46%
12 ASTL Algoma Steel Group Inc. 2.13%
13 SCHN Schnitzer Steel Industries, Inc. - 1.93%
14 RS Reliance Steel & Aluminum Co. 1.82%
15 STLD Steel Dynamics, Inc. 1.73%
16 NUE Nucor Corp. 1.60%
17 TS Tenaris S.A. ADR 1.58%
18 VLPNY voestalpine AG 1.53%
19 CMC Commercial Metals Company 1.45%
20 MT ArcelorMittal ADR 1.10%
21 ZEUS Olympic Steel, Inc. 1.07%
22 FRD Friedman Industries Inc. 0.86%
23 X United States Steel Corporation 0.79%
24 IIIN Insteel Industries, Inc. 0.28%
25 AQMS Aqua Metals, Inc. 0.00%
26 HUDI Huadi International Group Co., Ltd. 0.00%
27 CLF Cleveland-Cliffs Inc. 0.00%
28 AKS AK Steel Holding Corporation 0.00%
29 TMST TimkenSteel Corp. 0.00%
30 NWPX Northwest Pipe Company 0.00%
31 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 0.00%
32 OCC Optical Cable Corporation 0.00%
33 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
34 ZKIN ZK International Group Co., Ltd. 0.00%
35 MTL Mechel PAO ADR 0.00%
36 OSN Ossen Innovation Co., Ltd. 0.00%
37 TKAMY thyssenkrupp AG 0.00%
38 USAP Universal Stainless & Alloy Products, Inc. 0.00%
39 UAMY United States Antimony Corporation 0.00%
40 SYNL Synalloy Corporation 0.00%
41 STZHF Stelco Holdings Inc. 0.00%
42 SVJTY Severstal PJSC 0.00%
43 TATLY Tata Steel Ltd. 0.00%
44 RUSMF Russel Metals Inc. 0.00%
45 BLSFY BlueScope Steel Limited 0.00%

Looking for More Information on SCHN dividends?

Want to see what other sources are saying about Schnitzer Steel Industries Inc's dividends? Try the links below:

Schnitzer Steel Industries Inc Common Stock (SCHN) Dividend History | Nasdaq
Dividend History for Schnitzer Steel Industries Inc (SCHN) - Dividend Investor
Schnitzer Steel Industries Inc (SCHN) Dividend History - Seeking Alpha

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.8842 seconds.