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| Ex-Div Reminder for Schnitzer Steel Industries (SCHN)By Dividend Channel Staff, Wednesday, April 19, 10:35 AM ET
On 4/21/23, Schnitzer Steel Industries Inc (SCHN) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 5/8/23. As a percentage of SCHN's recent stock price of $31.02, this dividend works out to approximately 0.60%, so look for shares of Schnitzer Steel Industries Inc to trade 0.60% lower — all else being equal — when SCHN shares open for trading on 4/21/23. Below is a dividend history chart for SCHN, showing historical dividends prior to the most recent $0.1875 declared by Schnitzer Steel Industries Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SCHN is likely to continue, and whether the current estimated yield of 2.42% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SCHN shares, versus its 200 day moving average:
Looking at the chart above, SCHN's low point in its 52 week range is $25.96 per share, with $59.70 as the 52 week high point — that compares with a last trade of $30.96. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Wednesday trading, Schnitzer Steel Industries Inc shares are currently off about 1.4% on the day.
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