Steelcase Dividend
Dividend criteria checks 3/6
Steelcase is a dividend paying company with a current yield of 3.03% that is well covered by earnings.
Key information
3.0%
Dividend yield
58%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.68 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Steelcase's (NYSE:SCS) Dividend Will Be $0.10
Mar 24
Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10
Sep 23Recent updates
Steelcase's (NYSE:SCS) Solid Earnings Have Been Accounted For Conservatively
Mar 27Steelcase's (NYSE:SCS) Dividend Will Be $0.10
Mar 24Steelcase (NYSE:SCS) Has A Pretty Healthy Balance Sheet
Mar 23Steelcase: A Challenging Turnaround Case
Mar 08Steelcase Inc.'s (NYSE:SCS) Intrinsic Value Is Potentially 31% Above Its Share Price
Feb 12Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching
Jan 26Steelcase Inc. (NYSE:SCS) Not Flying Under The Radar
Jan 05Steelcase: Improving Profits And Strong Cash Flow Generation (Rating Upgrade)
Dec 24Is Steelcase (NYSE:SCS) Using Too Much Debt?
Dec 21Steelcase: Back To Office, Back On Growth
Oct 15What Is Steelcase Inc.'s (NYSE:SCS) Share Price Doing?
Oct 13Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10
Sep 23Steelcase Q2 Earnings: A Stellar Quarter Reaffirms The Bullish Case
Sep 21Steelcase Inc. (NYSE:SCS) Shares Could Be 31% Below Their Intrinsic Value Estimate
Sep 21Steelcase: Near-Term Revenue Headwinds Keep Me On The Sidelines
Sep 09These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Sep 01Steelcase: Showing Signs Of A Turnaround
Jun 27Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet
May 17An Intrinsic Calculation For Steelcase Inc. (NYSE:SCS) Suggests It's 44% Undervalued
Apr 19Is Now The Time To Look At Buying Steelcase Inc. (NYSE:SCS)?
Mar 28Steelcase: Q3 2023 Shines Little Light On Future Growth Prospects
Jan 24These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Jan 09Should You Investigate Steelcase Inc. (NYSE:SCS) At US$8.18?
Nov 17Steelcase Non-GAAP EPS of $0.21 beats by $0.08, revenue of $863.3M misses by $19.4M
Sep 21These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Sep 18Steelcase nears 52-week low price after Sidoti downgrades rating to Neutral
Sep 15Steelcase: Expect Management To Continue To Deliver
Sep 07Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching
Aug 13Steelcase (NYSE:SCS) Has Announced A Dividend Of US$0.14
Jun 26Steelcase: Strong Forward Earnings Growth To Finally Move The Share-Price
Jun 24These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively
Jun 14Steelcase (NYSE:SCS) Will Be Hoping To Turn Its Returns On Capital Around
Apr 07Steelcase: A Recovery Will Push Shares Higher
Mar 06Is Steelcase (NYSE:SCS) Using Too Much Debt?
Feb 17Be Wary Of Steelcase (NYSE:SCS) And Its Returns On Capital
Dec 21Steelcase: When Returns Justify Trying To Catch A Falling Knife
Nov 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: SCS's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Steelcase Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SCS) | 3.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Commercial Services) | 1.1% |
| Analyst forecast in 3 Years (SCS) | 3.6% |
Notable Dividend: SCS's dividend (3.03%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: SCS's dividend (3.03%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.5%), SCS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.5%), SCS's dividend payments are well covered by cash flows.