Steelcase Dividend

Dividend criteria checks 3/6

Steelcase is a dividend paying company with a current yield of 2.97% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.

Key information

3.0%

Dividend yield

38%

Payout ratio

Industry average yield1.1%
Next dividend pay date15 Oct 24
Ex dividend date30 Sep 24
Dividend per shareUS$0.400
Earnings per shareUS$1.07
Dividend yield forecast3.6%

Recent dividend updates

Steelcase (NYSE:SCS) Will Pay A Dividend Of $0.10

Jun 23
Steelcase (NYSE:SCS) Will Pay A Dividend Of $0.10

Steelcase's (NYSE:SCS) Dividend Will Be $0.10

Mar 24
Steelcase's (NYSE:SCS) Dividend Will Be $0.10

Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10

Sep 23
Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10

Recent updates

Steelcase: A Value Play, Especially After Its Recent Dip

Sep 19

Investors Aren't Entirely Convinced By Steelcase Inc.'s (NYSE:SCS) Earnings

Sep 09
Investors Aren't Entirely Convinced By Steelcase Inc.'s (NYSE:SCS) Earnings

Steelcase: Uncertainty In The Economy Keeps Me At Bay

Sep 04

Is Now The Time To Put Steelcase (NYSE:SCS) On Your Watchlist?

Jul 15
Is Now The Time To Put Steelcase (NYSE:SCS) On Your Watchlist?

Steelcase (NYSE:SCS) Will Pay A Dividend Of $0.10

Jun 23
Steelcase (NYSE:SCS) Will Pay A Dividend Of $0.10

We Think Steelcase (NYSE:SCS) Can Stay On Top Of Its Debt

Jun 22
We Think Steelcase (NYSE:SCS) Can Stay On Top Of Its Debt

Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Jun 07
Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Steelcase: Only Modest Upside Remains

Jun 05

What You Can Learn From Steelcase Inc.'s (NYSE:SCS) P/E

May 24
What You Can Learn From Steelcase Inc.'s (NYSE:SCS) P/E

Steelcase's (NYSE:SCS) Solid Earnings Have Been Accounted For Conservatively

Mar 27
Steelcase's (NYSE:SCS) Solid Earnings Have Been Accounted For Conservatively

Steelcase's (NYSE:SCS) Dividend Will Be $0.10

Mar 24
Steelcase's (NYSE:SCS) Dividend Will Be $0.10

Steelcase (NYSE:SCS) Has A Pretty Healthy Balance Sheet

Mar 23
Steelcase (NYSE:SCS) Has A Pretty Healthy Balance Sheet

Steelcase: A Challenging Turnaround Case

Mar 08

Steelcase Inc.'s (NYSE:SCS) Intrinsic Value Is Potentially 31% Above Its Share Price

Feb 12
Steelcase Inc.'s (NYSE:SCS) Intrinsic Value Is Potentially 31% Above Its Share Price

Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Jan 26
Why Steelcase Inc. (NYSE:SCS) Could Be Worth Watching

Steelcase Inc. (NYSE:SCS) Not Flying Under The Radar

Jan 05
Steelcase Inc. (NYSE:SCS) Not Flying Under The Radar

Steelcase: Improving Profits And Strong Cash Flow Generation (Rating Upgrade)

Dec 24

Is Steelcase (NYSE:SCS) Using Too Much Debt?

Dec 21
Is Steelcase (NYSE:SCS) Using Too Much Debt?

Steelcase: Back To Office, Back On Growth

Oct 15

What Is Steelcase Inc.'s (NYSE:SCS) Share Price Doing?

Oct 13
What Is Steelcase Inc.'s (NYSE:SCS) Share Price Doing?

Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10

Sep 23
Steelcase (NYSE:SCS) Is Paying Out A Dividend Of $0.10

Steelcase Q2 Earnings: A Stellar Quarter Reaffirms The Bullish Case

Sep 21

Steelcase Inc. (NYSE:SCS) Shares Could Be 31% Below Their Intrinsic Value Estimate

Sep 21
Steelcase Inc. (NYSE:SCS) Shares Could Be 31% Below Their Intrinsic Value Estimate

Steelcase: Near-Term Revenue Headwinds Keep Me On The Sidelines

Sep 09

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Sep 01
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Steelcase: Showing Signs Of A Turnaround

Jun 27

Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet

May 17
Steelcase (NYSE:SCS) Has A Somewhat Strained Balance Sheet

An Intrinsic Calculation For Steelcase Inc. (NYSE:SCS) Suggests It's 44% Undervalued

Apr 19
An Intrinsic Calculation For Steelcase Inc. (NYSE:SCS) Suggests It's 44% Undervalued

Is Now The Time To Look At Buying Steelcase Inc. (NYSE:SCS)?

Mar 28
Is Now The Time To Look At Buying Steelcase Inc. (NYSE:SCS)?

Steelcase: Q3 2023 Shines Little Light On Future Growth Prospects

Jan 24

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Jan 09
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Should You Investigate Steelcase Inc. (NYSE:SCS) At US$8.18?

Nov 17
Should You Investigate Steelcase Inc. (NYSE:SCS) At US$8.18?

Steelcase Non-GAAP EPS of $0.21 beats by $0.08, revenue of $863.3M misses by $19.4M

Sep 21

These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Sep 18
These 4 Measures Indicate That Steelcase (NYSE:SCS) Is Using Debt Extensively

Steelcase nears 52-week low price after Sidoti downgrades rating to Neutral

Sep 15

Steelcase: Expect Management To Continue To Deliver

Sep 07

Stability 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
How does SCS dividend yield compare to the market?
SegmentDividend Yield
Company (SCS)3.0%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Commercial Services)1.1%
Analyst forecast (SCS) (up to 3 years)3.6%

Notable Dividend: SCS's dividend (2.97%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: SCS's dividend (2.97%) is low compared to the top 25% of dividend payers in the US market (4.31%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.5%), SCS's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.5%), SCS's dividend payments are well covered by cash flows.


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