Schnitzer Steel Industries Inc (NASDAQ:SCHN) shareholders can count on dividends of $0.19 on Aug 27, 2018.

August 9, 2018 - By Matthew Richard

Investors sentiment decreased to 1.19 in 2018 Q1. Its down 0.02, from 1.21 in 2017Q4. It dived, as 11 investors sold Schnitzer Steel Industries, Inc. shares while 58 reduced holdings. 32 funds opened positions while 50 raised stakes. 23.35 million shares or 1.37% less from 23.68 million shares in 2017Q4 were reported.
Mackenzie Corp, a Ontario – Canada-based fund reported 152,506 shares. Shufro Rose & Co Limited Co holds 0.2% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 64,000 shares. Northern Tru holds 504,409 shares or 0% of its portfolio. Numerixs Tech invested in 4,600 shares or 0.04% of the stock. Moreover, Pub Employees Retirement Systems Of Ohio has 0.01% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 48,291 shares. Moreover, Los Angeles Cap & Equity Incorporated has 0% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 24,340 shares. 284,566 were reported by Goldman Sachs Gp Incorporated Inc. Voya Invest Mgmt Ltd Liability Co holds 0% or 12,000 shares in its portfolio. Pnc Fincl invested in 0% or 4,784 shares. Sg Americas Limited Co reported 0% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Credit Suisse Ag has 47,581 shares. Lsv Asset invested 0.01% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Prudential holds 0.02% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 389,904 shares. Invesco has 158,795 shares. Moreover, Adams Diversified Equity Fund has 0.03% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN).

Since July 10, 2018, it had 0 insider purchases, and 1 insider sale for $506,286 activity.

Schnitzer Steel Industries Inc (NASDAQ:SCHN) is expected to pay $0.19 on Aug 27, 2018. Shareholders owning the stock before Aug 10, 2018 will be eligible to receive the payout. Based on Schnitzer Steel Industries Inc’s current price of $31.10, the dividend is 0.60 %. This dividend’s record date is Aug 13, 2018 and the announcement date is Aug 3, 2018. The stock decreased 1.89% or $0.6 during the last trading session, reaching $31.1. About 189,000 shares traded. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has risen 49.88% since August 9, 2017 and is uptrending. It has outperformed by 37.31% the S&P500.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and makes finished steel products worldwide. The company has market cap of $812.27 million. It operates through two divisions, Auto and Metals Recycling ; and Cascade Steel and Scrap (CSS). It has a 7.79 P/E ratio. The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Ratings Coverage

Among 2 analysts covering Schnitzer Steel Indus (NASDAQ:SCHN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Schnitzer Steel Indus had 2 analyst reports since March 20, 2018 according to SRatingsIntel. The stock of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has “Equal-Weight” rating given on Friday, July 6 by Morgan Stanley.

Another recent and important Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) news was published by which published an article titled: “Schnitzer Board Declares Quarterly Dividend” on August 03, 2018.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Institutional Positions Chart

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