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| Reminder - Schnitzer Steel Industries (SCHN) Goes Ex-Dividend SoonBy Dividend Channel Staff, Wednesday, July 12, 10:19 AM ET
On 7/14/23, Schnitzer Steel Industries Inc (SCHN) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 7/31/23. As a percentage of SCHN's recent stock price of $30.77, this dividend works out to approximately 0.61%, so look for shares of Schnitzer Steel Industries Inc to trade 0.61% lower — all else being equal — when SCHN shares open for trading on 7/14/23. 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 2.44% 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 $37.67 as the 52 week high point — that compares with a last trade of $30.81. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Wednesday trading, Schnitzer Steel Industries Inc shares are currently up about 1.9% on the day.
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