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

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.


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

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