Schnitzer Stock To Go Ex-dividend Tomorrow (SCHN)
NEW YORK (
) -- The ex-dividend date for
(Nasdaq:
) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $42.79 as of 9:30 a.m. ET, the dividend yield is 0.2%.
The average volume for Schnitzer has been 288,000 shares per day over the past 30 days. Schnitzer has a market cap of $1.12 billion and is part of the
sector and
industry. Shares are down 0% year to date as of the close of trading on Friday.
Schnitzer Steel Industries, Inc. engages in recycling ferrous and nonferrous scrap metals, and used and salvaged vehicles; and manufacturing finished steel products. The company has a P/E ratio of 51.3, above the average metals & mining industry P/E ratio of 11.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Schnitzer as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins. You can view the full
.
See our
or
.
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