GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Steelcase Inc (NYSE:SCS) » Definitions » 3-Year Dividend Growth Rate

Steelcase (Steelcase) 3-Year Dividend Growth Rate

: 2.60% (As of Feb. 2024)
View and export this data going back to 1998. Start your Free Trial

Steelcase's Dividends per Share for the three months ended in Feb. 2024 was $0.10.

The historical rank and industry rank for Steelcase's 3-Year Dividend Growth Rate or its related term are showing as below:

SCS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.6   Med: 6.3   Max: 35.7
Current: 2.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Steelcase was 35.70% per year. The lowest was -35.60% per year. And the median was 6.30% per year.

SCS's 3-Year Dividend Growth Rate is ranked worse than
78.56% of 1096 companies
in the Industrial Products industry
Industry Median: 11.05 vs SCS: 2.60

During the past 12 months, Steelcase's average Dividends Per Share Growth Rate was -18.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Steelcase's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.50. As of today, Steelcase's Dividend Yield % is 3.39%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Business Equipment & Supplies subindustry, Steelcase's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steelcase 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Steelcase's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Steelcase's 3-Year Dividend Growth Rate falls into.



Steelcase 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Steelcase  (NYSE:SCS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Steelcase's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.1/ 0.2
=0.50

During the past 13 years, the highest Dividend Payout Ratio of Steelcase was 29.72. The lowest was 0.31. And the median was 0.56.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Steelcase Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-04-022024-04-032024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002024-01-032024-01-042024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-10-022023-10-032023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-07-052023-07-062023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Steelcase's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4/11.89
=3.36 %

Current Share Price is $11.89.
Steelcase's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

During the past 13 years, the highest Dividend Yield of Steelcase was 8.90%. The lowest was 2.14%. And the median was 3.19%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Steelcase 3-Year Dividend Growth Rate Related Terms>


Steelcase (Steelcase) Business Description

Traded in Other Exchanges
Address
901 44th Street SE, Grand Rapids, MI, USA, 49508
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.
Executives
Nicole Cherie Mcgrath officer: VP, Corp Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Robert G Krestakos officer: VP, Global Operations 901 44TH STREET SE, GRAND RAPIDS MI 49508
David C Sylvester officer: Senior Vice President, CFO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Lizbeth S O'shaughnessy officer: Senior VP, CLO and Secretary 901 44TH STREET SE, GRAND RAPIDS MI 49508
Wege Peter M Ii director 901 44TH ST SE, GRAND RAPIDS MI 49508
Sanjay Gupta director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Sara E Armbruster officer: VP, WS Futures & Corp Strategy 901 44TH STREET SE, GRAND RAPIDS MI 49508
Jennifer C Niemann director 901 44TH STREET SE, GRAND RAPIDS MI 49508
Steven Douglas Miller officer: VP, Chief Technology Officer 901 44TH STREET SE, GRAND RAPIDS MI 49508
Guillaume M Alvarez officer: Senior VP, EMEA 901 44TH STREET SE, GRAND RAPIDS MI 49508
Kate P Wolters director 901 44TH ST, GRAND RAPIDS MI 49508
Robin L Zondervan officer: Corporate Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Eddy F Schmitt officer: Senior VP, Americas 901 44TH STREET SE, GRAND RAPIDS MI 49508
Linda K Williams director 901 44TH STREET SE, GRAND RAPIDS MI 49508
Donna K Flynn officer: VP, Global Talent Management 901 44TH STREET SE, GRAND RAPIDS MI 49508

Steelcase (Steelcase) Headlines