Steelcase Reports Fourth Quarter and Fiscal 2016 Results

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Go back to Steelcase Reports Fourth Quarter and Fiscal 2016 Results

Steelcase (SCS) Raises Quarterly Dividend 6.7% to $0.12; 3.2% Yield

March 22, 2016 4:13 PM EDT

Steelcase (NYSE: SCS) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. This is a 6.7% increase from the prior dividend of $0.1125.

The dividend will be payable on April 14, 2016, to stockholders of record on April 4, 2016, with an ex-dividend date of March 31,... More

Steelcase (SCS) Tops Q4 EPS by 43c, Offers Q1 Guidance

March 22, 2016 4:04 PM EDT

Steelcase (NYSE: SCS) reported Q4 EPS of $0.64, $0.43 better than the analyst estimate of $0.21. Revenue for the quarter came in at $747.9 million versus the consensus estimate of $737.8 million.

GUIDANCE:

Steelcase sees Q1 2017 EPS of $0.12-$0.16, versus the consensus of $0.18. Steelcase sees Q1... More