company-logo

Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Designtex, Coalesse, AMQ, Smith System, Orangebox, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan.

Steelcase Dividend Announcement

Steelcase announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
Steelcase annual dividend for 2024 was $0.40
Steelcase annual dividend for 2023 was $0.30
Steelcase's trailing twelve-month (TTM) dividend yield is 2.92%
Steelcase's payout ratio for the trailing twelve months (TTM) is 37.83%
Steelcase's dividend growth over the last five years (2018-2023) was -11.09% year
Steelcase's dividend growth over the last ten years (2013-2023) was -2.84% year

Steelcase Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$0.10quarterly2024-10-15
2024-07-03$0.10quarterly2024-07-15
2024-04-02$0.10quarterly2024-04-15
2024-01-03$0.10quarterly2024-01-16
2023-10-02$0.10quarterly2023-10-13
2023-07-05$0.10quarterly2023-07-17
2023-04-04$0.10quarterly2023-04-14
2022-12-30$0.10quarterly2023-01-13
2022-10-04$0.10quarterly2022-10-17
2022-07-06$0.14quarterly2022-07-18
2022-04-01$0.14quarterly2022-04-14
2021-12-23$0.14quarterly2022-01-10
2021-10-01$0.14quarterly2021-10-15
2021-07-02$0.14quarterly2021-07-20
2021-04-01$0.10quarterly2021-04-15
2020-12-24$0.10quarterly2021-01-11
2020-10-01$0.10quarterly2020-10-15
2020-07-07$0.10quarterly2020-07-15
2020-04-02$0.07quarterly2020-04-17
2019-12-26$0.14quarterly2020-01-13
2019-09-27$0.14quarterly2019-10-14
2019-06-28$0.14quarterly2019-07-16
2019-03-28$0.14quarterly2019-04-12
2018-12-27$0.14quarterly2019-01-14
2018-09-28$0.14quarterly2018-10-15
2018-06-29$0.14quarterly2018-07-17
2018-03-28$0.14quarterly2018-04-13
2017-12-28$0.13quarterly2018-01-15
2017-09-27$0.13quarterly2017-10-12
2017-06-29$0.13quarterly2017-07-14
2017-03-29$0.13quarterly2017-04-14
2016-12-29$0.12quarterly2017-01-13
2016-09-30$0.12quarterly2016-10-14
2016-06-30$0.12quarterly2016-07-15
2016-03-31$0.12quarterly2016-04-14
2016-01-05$0.11quarterly2016-01-15
2015-10-01$0.11quarterly2015-10-15
2015-07-01$0.11quarterly2015-07-15
2015-04-01$0.11quarterly2015-04-15
2014-12-30$0.10quarterly2015-01-15
2014-10-02$0.10quarterly2014-10-16
2014-07-02$0.10quarterly2014-07-16
2014-04-02$0.10quarterly2014-04-14
2013-12-26$0.10quarterly2014-01-13
2013-09-26$0.10quarterly2013-10-11
2013-06-27$0.10quarterly2013-07-12
2013-04-04$0.10quarterly2013-04-15

Steelcase Dividend per year

Steelcase Dividend growth

Steelcase Dividend Yield

Steelcase current trailing twelve-month (TTM) dividend yield is 2.92%. Interested in purchasing Steelcase stock? Use our calculator to estimate your expected dividend yield:

Steelcase Financial Ratios

P/E ratio12.95
PEG ratio0.32
P/B ratio1.75
ROE14.13%
Payout ratio37.83%
Current ratio1.62
Quick ratio1.23
Cash Ratio0.48

Steelcase Dividend FAQ

How much is the next Steelcase dividend?
Steelcase's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Steelcase dividend. The next Steelcase dividend will be released in April, July, or October.
When is Steelcase dividend paid?
Steelcase pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Steelcase pay?
The specific amount of Steelcase dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Steelcase's dividend history.
Does Steelcase stock pay dividends?
Yes, Steelcase does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Steelcase's dividend history.
How much dividend does Steelcase pay?
Steelcase paid $0.4 in 2024, $0.3 in 2023, $0.49 in 2022, $0.535 in 2021, and $0.37 in 2020.
How often does Steelcase pay dividends?
Steelcase typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, July, and October.
What is Steelcase's dividend yield?
The current dividend yield for Steelcase is 2.92%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Steelcase's exact dividend yield.
When does Steelcase go ex dividend?
Steelcase's ex-dividend date for the latest dividend was on 2024-09-30. Steelcase typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Steelcase dividend paid?
Steelcase pays dividends on a quarterly basis, typically around April, July, or October, but the exact dates can vary each year.
Will Steelcase increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Steelcase will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Steelcase dividend per share?
Steelcase paid $0.4 per share in 2024 and $0.3 per share in 2023. The amount of dividend per share that Steelcase pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Steelcase a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Steelcase a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Steelcase a dividend stock?
Yes, Steelcase is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Steelcase a good dividend stock?
Whether Steelcase is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Steelcase has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Steelcase as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Steelcase pay dividends monthly?
Steelcase typically pays dividends on a quarterly basis.
Does Steelcase pay dividends quarterly?
Steelcase currently pays dividends on a quarterly basis.
Has Steelcase ever paid a dividend?
Yes, Steelcase has a history of paying dividends to its shareholders. Steelcase is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Steelcase dividend stocks?
To buy Steelcase you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Steelcase stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Steelcase pay dividends 2024?
Steelcase pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Steelcase increase its dividend in 2024?
Decisions regarding Steelcase dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Steelcase dividend overview you can look into the above table of dividend history.
How Steelcase dividend works?
The Steelcase dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Steelcase's dividend process works:

1. Determination of Dividend: Steelcase's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Steelcase publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Steelcase distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Steelcase are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Steelcase dividends paid?
Steelcase dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Steelcase sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Steelcase distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Steelcase declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Steelcase pay dividends?
Steelcase typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Steelcase pay dividends?
The general pattern is that Steelcase pays dividends around April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Steelcase dividend safe?
The safety of Steelcase's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Steelcase's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Steelcase's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.