Schnitzer Steel Industries, Inc. - (SCHN) Dividends

Schnitzer Steel Industries, Inc. - (SCHN): $55.89

0.24 (+0.43%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Steel


Ranked

of 34

in industry

Dividend Yield and Dividend History Highlights

  • SCHN has a compound annual growth rate of its cash flow of -0.37%, higher than about only 1.81% stocks in our dividend set.
  • If you're seeking price stability while collecting dividends, note that SCHN has less volatility in its price than 4.25% 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: AEP, ATRI, CHRW, BMA and MOMO.
SCHN Ex-Dividend Date
SCHN Dividend Yield
1.34%
SCHN Annual Dividend
$0.75
SCHN Payout Ratio

SCHN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$55.89$18.49 -41.48%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for SCHN, the dividend discount model StockNews created for the company implies a negative return of 41.48%. To help understand and contextualize the model's evaluation of SCHN, investors may wish to consider are:

  • As for its position relative to other Basic Materials stocks that issue dividends, Schnitzer Steel Industries Inc offers a higher dividend yield than 69.75% of them.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Basic Materials sector, Schnitzer Steel Industries Inc's expected return of -41.48% is higher than 60.5% of its fellow sector mates.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, SCHN has a discount rate lower than 60.5% of them (a lower discount rate is associated with lower risk).
  • Based on dividend growth rate, Schnitzer Steel Industries Inc has been increasing its dividends at a faster rate than only 21.97% of US-listed dividend-issuing stocks we observed.

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 #15 of 42 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 MSB Mesabi Trust 9.56%
2 TX TERNIUM S.A. ADR 5.63%
3 APEMY Aperam S.A. 3.27%
4 ANIOY Acerinox, S.A. 3.14%
5 PKX POSCO 2.95%
6 TS Tenaris S.A. American Depositary Shares 2.43%
7 GGB Gerdau S.A. 2.21%
8 STLD Steel Dynamics, Inc. 1.62%
9 RS Reliance Steel & Aluminum Co. (DE) 1.59%
10 WOR Worthington Industries, Inc. 1.55%
11 NUE Nucor Corporation 1.52%
12 CMC Commercial Metals Company 1.46%
13 MITSY MITSUI & CO., LTD. 1.38%
14 SID Companhia Siderurgica Nacional S.A. 1.36%
15 SCHN Schnitzer Steel Industries, Inc. - 1.35%
16 NPSCY Nippon Steel Corporation 0.67%
17 FRD Friedman Industries Inc. 0.58%
18 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 0.55%
19 IIIN Insteel Industries, Inc. 0.37%
20 VLPNY voestalpine AG 0.35%
21 ZEUS Olympic Steel, Inc. 0.23%
22 X United States Steel Corporation 0.14%
23 AQMS Aqua Metals, Inc. 0.00%
24 HUDI Huadi International Group Co., Ltd. 0.00%
25 AKS AK Steel Holding Corporation 0.00%
26 TMST TimkenSteel Corporation Common Shares 0.00%
27 NWPX Northwest Pipe Company 0.00%
28 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 0.00%
29 OCC Optical Cable Corporation 0.00%
30 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
31 MT Arcelor Mittal NY Registry Shares NEW 0.00%
32 ZKIN ZK International Group Co., Ltd. 0.00%
33 MTL Mechel PAO ADR 0.00%
34 OSN Ossen Innovation Co., Ltd. 0.00%
35 TKAMY thyssenkrupp AG 0.00%
36 USAP Universal Stainless & Alloy Products, Inc. 0.00%
37 UAMY United States Antimony Corporation 0.00%
38 SYNL Synalloy Corporation 0.00%
39 STZHF Stelco Holdings Inc. 0.00%
40 SVJTY Severstal PJSC 0.00%
41 TATLY Tata Steel Ltd. 0.00%
42 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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