Schnitzer Steel (SCHN) Declares $0.1875 Quarterly Dividend; 3.8% Yield

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Schnitzer Board Declares Quarterly Dividend

July 28, 2016 6:30 PM EDT

PORTLAND, Ore.--(BUSINESS WIRE)-- The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on August 22, 2016, to shareholders of record on August 8, 2016. Schnitzer has paid a dividend every quarter since going public in November 1993.

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