Schnitzer Steel Industries, Inc. (SCHN) Ex-Dividend Date Scheduled for May 14, 2013


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Schnitzer Steel Industries, Inc. ( SCHN ) will begin trading ex-dividend on May 14, 2013. A cash dividend payment of $0.1875 per share is scheduled to be paid on May 30, 2013. Shareholders who purchased SCHN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that SCHN has paid the same dividend. At the current stock price of $26.7, the dividend yield is 2.81%.

The previous trading day's last sale of SCHN was $26.7, representing a -27.51% decrease from the 52 week high of $36.83 and a 17.21% increase over the 52 week low of $22.78.

SCHN is a part of the Consumer Durables sector, which includes companies such as Johnson Controls, Inc. ( JCI ) and Intuitive Surgical, Inc. ( ISRG ). SCHN's current earnings per share, an indicator of a company's profitability, is $.64. Zacks Investment Research reports SCHN's forecasted earnings growth in 2013 as -9.91%, compared to an industry average of 11.9%.

For more information on the declaration, record and payment dates, visit the SCHN Dividend History page.

Interested in gaining exposure to SCHN through an Exchange Traded Fund [ETF]?
The following ETF(s) have SCHN as a top-10 holding:

  • SPDR S&P Metals & Mining ETF ( XME ).

The top-performing ETF of this group is XME with an increase of 10.41% over the last 100 days. It also has the highest percent weighting of SCHN at 3.19%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: ISRG , JCI , SCHN , XME

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