Schnitzer Steel Industries, Inc. - (SCHN) Dividends

Schnitzer Steel Industries, Inc. - (SCHN): $34.72

1.32 (+3.95%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Steel


Ranked

of 32

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
2.16%
SCHN Annual Dividend
$0.75
SCHN Payout Ratio

SCHN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$34.72$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
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SCHN Dividends vs. Peers

SCHN's dividend yield currently ranks #11 of 45 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 GGB Gerdau S.A. 22.52%
2 MSB Mesabi Trust 16.91%
3 SID Companhia Siderurgica Nacional S.A. 9.57%
4 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 8.78%
5 APEMY Aperam S.A. 6.27%
6 TX TERNIUM S.A. ADR 5.84%
7 ANIOY Acerinox, S.A. 3.83%
8 NPSCY Nippon Steel Corporation (日本製鉄株式会社, Nippon Seitetsu kabushiki gaisha) was formed in 2012 by the merger of the old Nippon Steel and Sumitomo Metal. The old Nippon Steel Corporation[3] was established in 1970 by the merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel is the world's third largest steel producer by volume as of 2019. 3.33%
9 VLPNY voestalpine AG 3.09%
10 ASTL Algoma Steel Group Inc. 3.03%
11 SCHN Schnitzer Steel Industries, Inc. - 2.25%
12 WOR Worthington Industries, Inc. 2.20%
13 PKX POSCO Holdings Inc. ADR 2.12%
14 TS Tenaris S.A. ADR 2.00%
15 RS Reliance Steel & Aluminum Co. 1.65%
16 NUE Nucor Corp. 1.34%
17 MITSY Mitsui & Co. Ltd. ADR 1.30%
18 CMC Commercial Metals Company 1.30%
19 STLD Steel Dynamics Inc. 1.29%
20 MT ArcelorMittal ADR 1.20%
21 ZEUS Olympic Steel, Inc. 1.04%
22 FRD Friedman Industries Inc. 0.86%
23 X United States Steel Corporation 0.75%
24 IIIN Insteel Industries, Inc. 0.40%
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

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