Looking at the universe of stocks we cover at Dividend Channel, on 2/2/17, Schnitzer Steel Industries Inc (SCHN - Get Report) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 2/21/17. As a percentage of SCHN's recent stock price of $23.82, this dividend works out to approximately 0.79%, so look for shares of Schnitzer Steel Industries Inc to trade 0.79% lower — all else being equal — when SCHN shares open for trading on 2/2/17.Below is a dividend history chart for SCHN, showing historical dividends prior to the most recent $0.1875 declared by Schnitzer Steel Industries Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SCHN is likely to continue, and whether the current estimated yield of 3.15% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SCHN shares, versus its 200 day moving average: Looking at the chart above, SCHN's low point in its 52 week range is $12.60 per share, with $30.50 as the 52 week high point — that compares with a last trade of $23.75. According to the ETF Finder at ETF Channel, SCHN makes up 1.83% of the PowerShares DWA Basic Materials Momentum Portfolio ETF ( PYZ) which is trading relatively unchanged on the day Tuesday. In Tuesday trading, Schnitzer Steel Industries Inc shares are currently up about 0.3% on the day.
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