Steel Connect, Inc.

NasdaqCM:STCN Stock Report

Market Cap: US$78.1m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Steel Connect Dividends and Buybacks

Dividend criteria checks 0/6

Steel Connect does not have a record of paying a dividend.

Key information

n/a

Dividend yield

2.9%

Buyback Yield

Total Shareholder Yield2.9%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Analysis Article Sep 12

Steel Connect (NASDAQ:STCN) Has A Rock Solid Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 24

Is Steel Connect (NASDAQ:STCN) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 21

Is Steel Connect (NASDAQ:STCN) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 13

Steel Connect's (NASDAQ:STCN) Returns On Capital Are Heading Higher

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Seeking Alpha Aug 31

Steel Connect: The $2 Billion King Of NOLs

The strategic alternatives process is likely nearing conclusion, with potential tender offer for 100% of Steel Connect. Sale of Steel Connect’s businesses (IWCO Direct and ModusLink) and monetization of the company’s valuable $2 billion in tax assets (NOLs) could unlock $6.00+ per share in value. Combined company, with ~$2.5 billion of NOLs, ~$350-400mm in EBITDA and ~$250-300mm in FCF could be the largest and most valuable public NOL platform in the world.
Seeking Alpha Jun 28

Steel Connect: The Takeover Marches On

The value of Steel Connect's ongoing businesses and substantial NOLs outstanding was detailed in February and March 2021 by Hillandale Advisors. The undefined takeover offer from Steel Partners continues to remain outstanding despite over five months of employing an M&A advisor. Steel Connect's recent DEF14A seems to indicate that the takeover offer continues to be in play while giving some guidance on potential reasons behind the delay.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if STCN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if STCN's dividend payments have been increasing.


Dividend Yield vs Market

Steel Connect Dividend Yield vs Market
How does STCN dividend yield compare to the market?
SegmentDividend Yield
Company (STCN)n/a
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.2%
Industry Average (Professional Services)2.6%
Analyst forecast (STCN) (up to 3 years)n/a

Notable Dividend: Unable to evaluate STCN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate STCN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate STCN's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as STCN has not reported any payouts.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:36
End of Day Share Price 2025/01/02 00:00
Earnings2024/10/31
Annual Earnings2024/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Steel Connect, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.