Schnitzer Steel Industries Inc

NASDAQ RDUS

Download Data

Schnitzer Steel Industries Inc Dividend Payout Ratio for the year ending August 31, 2023: -82.14%

Schnitzer Steel Industries Inc Dividend Payout Ratio is -82.14% for the year ending August 31, 2023, a -751.26% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
  • Schnitzer Steel Industries Inc Dividend Payout Ratio for the year ending August 31, 2022 was 12.61%, a -2.04% change year over year.
  • Schnitzer Steel Industries Inc Dividend Payout Ratio for the year ending August 31, 2021 was 12.88%, a 102.56% change year over year.
  • Schnitzer Steel Industries Inc Dividend Payout Ratio for the year ending August 31, 2020 was -503.84%, a -3,150.38% change year over year.
  • Schnitzer Steel Industries Inc Dividend Payout Ratio for the year ending August 31, 2019 was -15.50%, a -65.46% change year over year.
NASDAQ: RDUS

Schnitzer Steel Industries Inc

CEO -
IPO Date Nov. 15, 1993
Location United States
Headquarters 299 SW Clay Street, Portland, OR, United States, 97201
Employees 3,353
Sector Basic Materials
Industry Steel
Description

Radius Recycling, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its retail self-service auto parts stores. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors, as well as finished steel customers, such as steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. It also provides recycling and related services, including scrap brokerage, certified destruction, automotive parts recycling, railcar dismantling, and reverse logistics under 3PR brand name. Radius Recycling, Inc. was formerly known as Schnitzer Steel Industries, Inc. and changed its name to Radius Recycling, Inc. in January 2024. Radius Recycling, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

StockViz Staff

September 20, 2024

Any question? Send us an email