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Steelcase Dividend Yield %

: 4.68% (As of Today)
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As of today (2022-08-17), the Trailing Annual Dividend Yield of Steelcase is 4.68%.

The historical rank and industry rank for Steelcase's Dividend Yield % or its related term are showing as below:

SCS' s Dividend Yield % Range Over the Past 10 Years
Min: 2.14   Med: 3.06   Max: 7.06
Current: 4.68

During the past 13 years, the highest Dividend Yield of Steelcase was 7.06%. The lowest was 2.14%. And the median was 3.06%.

SCS's Dividend Yield % is ranked better than
89.7% of 1738 companies
in the Industrial Products industry
Industry Median: 1.72 vs SCS: 4.68

Steelcase's Dividend Payout Ratio for the three months ended in May. 2022 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Steelcase Inc is 3.41, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Steelcase was 17.83. The lowest was 0.33. And the median was 0.60.

As of today (2022-08-17), the Forward Dividend Yield % of Steelcase is 4.68%.

Steelcase's Dividends per Share for the three months ended in May. 2022 was $0.15.

During the past 12 months, Steelcase's average Dividends Per Share Growth Rate was 45.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year.

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.

The growth rate is calculated with least square regression.

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


Steelcase Dividend Yield % Historical Data

The historical data trend for Steelcase's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Steelcase Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.75 3.08 3.58 2.65 4.40

Steelcase Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.76 3.16 4.38 4.40 4.73

Competitive Comparison

For the Business Equipment & Supplies subindustry, Steelcase's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Industrial Products industry and Industrials sector, Steelcase's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Steelcase's Dividend Yield % falls into.



Steelcase Dividend Yield % Calculation

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 0.1452022-07-062022-07-072022-07-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1452022-04-012022-04-042022-04-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1452021-12-232021-12-272022-01-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.1452021-10-012021-10-042021-10-15Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.58/12.37
=4.69 %

Current Share Price is $12.37.
Steelcase's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.58.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.58/12.37
=4.69 %

Current Share Price is $12.37.
Steelcase's Dividends per Share for the forward twelve months is calculated as $0.145 * 4 = $0.58.

* 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  (NYSE:SCS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Steelcase Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Steelcase's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Steelcase Business Description

Steelcase logo
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.
Executives
Miller Steven Douglas officer: VP, Chief Technology Officer 901 44TH STREET SE GRAND RAPIDS MI 49508
Zondervan Robin L officer: Corporate Controller and CAO 901 44TH STREET SE GRAND RAPIDS MI 49508
Williams Linda K director 901 44TH STREET SE GRAND RAPIDS MI 49508
Flynn Donna K officer: VP, Global Talent Management 901 44TH STREET SE GRAND RAPIDS MI 49508
Schmelter Triona director 2021 SPRING ROAD SUITE 600 OAK BROOK IL 60523
Niemann Jennifer C director 901 44TH STREET SE GRAND RAPIDS MI 49508
Kelsey Todd P. director 55 JEWELERS PARK DRIVE NEENAH WI 54956
Brown Timothy C. E. director 901 44TH STREET SE GRAND RAPIDS MI 49508
Krestakos Robert G officer: VP, Global Operations 901 44TH STREET SE GRAND RAPIDS MI 49508
Lenhardt Terrence J officer: VP, Chief Information Officer 901 44TH STREET SE GRAND RAPIDS MI 49508
Moutrey Gale officer: VP, Communications 901 44TH STREET SE GRAND RAPIDS MI 49508
Khorramian Hamid officer: Senior VP, Global Operations 901 - 44TH STREET, SE GRAND RAPIDS MI 49508
Schmitt Eddy F officer: Senior VP, Americas 901 44TH STREET SE GRAND RAPIDS MI 49508
Alvarez Guillaume M officer: Senior VP, EMEA 901 44TH STREET SE GRAND RAPIDS MI 49508
Ludwig James N officer: VP, Global Design & Prod Eng 901 44TH STREET SE GRAND RAPIDS MI 49508

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