Schnitzer Board Declares Quarterly Dividend
PORTLAND, Ore.--(BUSINESS WIRE)--Oct. 27, 2017--
The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq:
SCHN) declared a cash dividend of $0.1875 per common share, payable on
November 27, 2017, to shareholders of record on November 13, 2017.
Schnitzer has paid a dividend every quarter since going public in
November 1993.
About Schnitzer Steel Industries, Inc.
Schnitzer Steel Industries, Inc. is one of the largest manufacturers and
exporters of recycled metal products in North America. Schnitzer has
seven deep water export facilities and operates in 23 states, Puerto
Rico and Western Canada. The Company's vertically integrated operating
platform includes retail auto parts stores which sell recycled auto
parts and receive approximately 5 million annual customer visits. The
Company's electric-arc furnace mill in McMinnville, Oregon produces
finished steel long products, including rebar, wire rod and other
specialty products using recycled metal as its primary raw material. The
Company began operations in 1906 in Portland, Oregon.
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Source: Schnitzer Steel Industries, Inc.
Schnitzer Steel Industries, Inc.
Investor Relations Contact:
Alexandra Deignan, 646-278-9711
Website: www.schnitzersteel.com
Email:
ir@schn.com