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Steelcase (SCS) Dividend Yield, Date & History

Steelcase logo
$13.23 +0.22 (+1.69%)
(As of 01:18 PM ET)

Steelcase Dividend Summary

Dividend Yield
3.02%
Annual Dividend
$0.40
Recent
Dividend Payment
Oct. 15
Annualized 3-Year
Dividend Growth
-6.75%
Dividend Payout Ratio
37.74%

Steelcase (SCS) pays an annual dividend of $0.40 per share, with a dividend yield of 3.02%. The next quarterly payment of $0.10 per share was paid on Tuesday, October 15, to investors who owned the stock before the ex-dividend date of Monday, September 30. The company currently pays out 37.74% of its earnings and 23.10% of its cash flow as dividends.

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SCS Dividend Payments by Quarter

The chart below displays up to four years of Steelcase's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SCS Dividend Yield Over Time

The chart below tracks Steelcase's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Steelcase vs. The Competition

Compare Steelcase's annual dividend, yield, and 3-year growth rate with averages for Business and NYSE companies to evaluate its performance against the market.

TypeSteelcaseBusiness CompaniesNYSE Companies
Annual Dividend$0.40$0.01$1.52
Dividend Yield3.03%2.98%3.50%
Annualized 3-Year Dividend Growth-6.75%12.96%15.58%

Steelcase Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings37.74%
Based on This Year's Estimate40.00%
Based on Next Year's Estimate34.78%
Based on Cashflow23.15%

Steelcase Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
9/18/2024Quarterly$0.10 - 3.01%9/30/20249/30/202410/15/2024
6/20/2024Quarterly$0.10 - 3.28%7/3/20247/3/20247/15/2024
3/20/2024quarterly$0.10 - 3.3%4/2/20244/3/20244/15/2024
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12/19/2023quarterly$0.10 - 2.8%1/3/20241/4/20241/16/2024
9/19/2023Quarterly$0.10 - 3.81%10/2/202310/3/202310/13/2023
6/21/2023Quarterly$0.10 - 5.11%7/5/20237/6/20237/17/2023
3/22/2023quarterly$0.10 - 5.3%4/4/20234/5/20234/14/2023
12/19/2022Quarterly$0.10 - 5.84%12/30/20221/3/20231/13/2023

This table shows Steelcase's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Steelcase Dividend - Frequently Asked Questions

The current dividend yield for Steelcase is 3.03%. Learn more on SCS's dividend yield history.

The annual dividend for SCS shares is $0.40. Learn more on SCS's annual dividend history.

Steelcase pays quarterly dividends to shareholders.

Steelcase's most recent quarterly dividend payment of $0.10 per share was made to shareholders on Tuesday, October 15, 2024.

Steelcase's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -6.75%.

The most recent change in the company's dividend was a decrease of $0.0450 on Thursday, September 22, 2022.

The dividend payout ratio for SCS is:
  • 37.74% based on the trailing year of earnings
  • 40.00% based on this year's estimates
  • 34.78% based on next year's estimates
  • 23.15% based on cash flow

Steelcase's dividend yield of 3.07% is higher than the average Business Services company that issues a dividend. Steelcase's dividend payout ratio of 37.74% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Steelcase stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:SCS) was last updated on 12/16/2024 by MarketBeat.com Staff
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