Overall Rating


(2.9/5) Neutral

Schnitzer Steel (SCHN)

Price*: $22.71 | Dividend: $0.07 | Dividend Yield: 0.31%

Recommendation Info
We downgraded this stock from the "Recommended" list on 7/24/08, at a price of 79.57.
Dividend Stock Ratings Breakdown Dividend Stock Ratings Breakdown
1. Relative Strength   What's This?

Stock is slightly underperforming.
2. Overall Yield Attractiveness   What's This?

Stock's dividend yield is unattractive.
3. Dividend Reliability   What's This?

This rating is directly related to the length and consistency of a company's dividend payouts.
4. Dividend Uptrend   What's This?

Dividend payouts are consistent, but increases small.
5. Earnings Growth   What's This?

Earnings estimates have been cut slightly.
Price and Dividend Info Price and Dividend Info
Schnitzer Steel (SCHN)
Previous Day's Closing Price*
$22.71
Annual Stock Dividend
$0.07
Current Dividend Yield
0.31%

Recent Headlines Recent Headlines

Dividend Stock Profile & Recommendation Profile & Recommendation

Company Profile Company Profile

Schnitzer Steel- (SCHN)-engages in recycling ferrous and nonferrous metals, and used and salvaged vehicles; and manufacturing finished steel products in the United States and Canada. It operates in three segments, Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB). As of August 31, 2007, it operated 52 auto parts stores located in the United States and Canada. The SMB segment engages in the purchase of recycled metal and processing of the recycled metal and other raw materials into finished steel products. Its product portfolio comprises rebar, coiled rebar, wire rod, merchant bar, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood product suppliers. The company was founded in 1946 and is headquartered in Portland, Oregon.

Dividend Stock Recommendation - Neutral Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes Stock Notes

This mid cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.