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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.10 | quarterly | 2024-10-15 |
2024-07-03 | $0.10 | quarterly | 2024-07-15 |
2024-04-02 | $0.10 | quarterly | 2024-04-15 |
2024-01-03 | $0.10 | quarterly | 2024-01-16 |
2023-10-02 | $0.10 | quarterly | 2023-10-13 |
2023-07-05 | $0.10 | quarterly | 2023-07-17 |
2023-04-04 | $0.10 | quarterly | 2023-04-14 |
2022-12-30 | $0.10 | quarterly | 2023-01-13 |
2022-10-04 | $0.10 | quarterly | 2022-10-17 |
2022-07-06 | $0.14 | quarterly | 2022-07-18 |
2022-04-01 | $0.14 | quarterly | 2022-04-14 |
2021-12-23 | $0.14 | quarterly | 2022-01-10 |
2021-10-01 | $0.14 | quarterly | 2021-10-15 |
2021-07-02 | $0.14 | quarterly | 2021-07-20 |
2021-04-01 | $0.10 | quarterly | 2021-04-15 |
2020-12-24 | $0.10 | quarterly | 2021-01-11 |
2020-10-01 | $0.10 | quarterly | 2020-10-15 |
2020-07-07 | $0.10 | quarterly | 2020-07-15 |
2020-04-02 | $0.07 | quarterly | 2020-04-17 |
2019-12-26 | $0.14 | quarterly | 2020-01-13 |
2019-09-27 | $0.14 | quarterly | 2019-10-14 |
2019-06-28 | $0.14 | quarterly | 2019-07-16 |
2019-03-28 | $0.14 | quarterly | 2019-04-12 |
2018-12-27 | $0.14 | quarterly | 2019-01-14 |
2018-09-28 | $0.14 | quarterly | 2018-10-15 |
2018-06-29 | $0.14 | quarterly | 2018-07-17 |
2018-03-28 | $0.14 | quarterly | 2018-04-13 |
2017-12-28 | $0.13 | quarterly | 2018-01-15 |
2017-09-27 | $0.13 | quarterly | 2017-10-12 |
2017-06-29 | $0.13 | quarterly | 2017-07-14 |
2017-03-29 | $0.13 | quarterly | 2017-04-14 |
2016-12-29 | $0.12 | quarterly | 2017-01-13 |
2016-09-30 | $0.12 | quarterly | 2016-10-14 |
2016-06-30 | $0.12 | quarterly | 2016-07-15 |
2016-03-31 | $0.12 | quarterly | 2016-04-14 |
2016-01-05 | $0.11 | quarterly | 2016-01-15 |
2015-10-01 | $0.11 | quarterly | 2015-10-15 |
2015-07-01 | $0.11 | quarterly | 2015-07-15 |
2015-04-01 | $0.11 | quarterly | 2015-04-15 |
2014-12-30 | $0.10 | quarterly | 2015-01-15 |
2014-10-02 | $0.10 | quarterly | 2014-10-16 |
2014-07-02 | $0.10 | quarterly | 2014-07-16 |
2014-04-02 | $0.10 | quarterly | 2014-04-14 |
2013-12-26 | $0.10 | quarterly | 2014-01-13 |
2013-09-26 | $0.10 | quarterly | 2013-10-11 |
2013-06-27 | $0.10 | quarterly | 2013-07-12 |
2013-04-04 | $0.10 | quarterly | 2013-04-15 |
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
Steelcase Dividend FAQ
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.
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.
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.
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.
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.