Schnitzer Steel Industries, Inc. (SCHN) Ex-Dividend Date Scheduled for May 11, 2018

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Schnitzer Steel Industries, Inc. ( SCHN ) will begin trading ex-dividend on May 11, 2018. A cash dividend payment of $0.188 per share is scheduled to be paid on May 29, 2018. Shareholders who purchased SCHN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 25th quarter that SCHN has paid the same dividend. At the current stock price of $29.25, the dividend yield is 2.56%.

The previous trading day's last sale of SCHN was $29.25, representing a -24.71% decrease from the 52 week high of $38.85 and a 56.84% increase over the 52 week low of $18.65.

SCHN is a part of the Consumer Durables sector, which includes companies such as Intuitive Surgical, Inc. ( ISRG ) and Edwards Lifesciences Corporation ( EW ). SCHN's current earnings per share, an indicator of a company's profitability, is $3.3. Zacks Investment Research reports SCHN's forecasted earnings growth in 2018 as 120.59%, compared to an industry average of 33.5%.

For more information on the declaration, record and payment dates, visit the SCHN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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 )
  • VanEck Vectors Steel ETF ( SLX ).

The top-performing ETF of this group is SLX with an increase of 12.03% over the last 100 days. XME has the highest percent weighting of SCHN at 1.52%.

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 Symbols: SCHN , ISRG , EW , XME , SLX

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