Looking at the universe of stocks we cover at Dividend Channel, on 5/4/17, Schnitzer Steel Industries Inc (SCHN - Get Report) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 5/22/17. As a percentage of SCHN's recent stock price of $18.65, this dividend works out to approximately 1.01%, so look for shares of Schnitzer Steel Industries Inc to trade 1.01% lower — all else being equal — when SCHN shares open for trading on 5/4/17.

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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 4.02% 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:

Schnitzer Steel Industries Inc 200 Day Moving Average Chart

Looking at the chart above, SCHN's low point in its 52 week range is $14.83 per share, with $30.60 as the 52 week high point — that compares with a last trade of $18.62.

According to the ETF Finder at ETF Channel, SCHN makes up 1.81% of the Environmental Services ETF ( EVX) which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Schnitzer Steel Industries Inc shares are currently off about 1.8% on the day.