Steelcase Inc. (SCS) Dividends
Dividend Yield and Dividend History Highlights
SCS Price Forecast Based on Dividend Discount Model
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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. Regarding Steelcase Inc, the DDM model generated by StockNews estimates a return of negative 12.37% in comparison to its current price. Digging deeper, the aspects of Steelcase Inc's dividend discount model that we found most interesting were:
- In comparison to other stocks in the Industrials sector, Steelcase Inc offers a higher dividend yield than 84.79% of them.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, the expected return of -12.37%, based on the stock's current share price and target price based on a dividend discount model, is greater than 74.65% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Steelcase Inc bears a discount rate, according to our calculations, lower than 74.65% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, SCS boasts a higher growth rate in terms of its annual cash distributed to its owners than only 17.4% of the dividend issuers in our set.
SCS Dividend Chart
SCS Dividend History
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