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home / news releases / SCHN - Schnitzer Steel: The Dividend Is At Risk


SCHN - Schnitzer Steel: The Dividend Is At Risk

Introduction

Schnitzer Steel Industries (SCHN) has been around for a while as the company was created in 1906 and has since grown to be one of the largest recyclers of scrap metal (both ferrous and non-ferrous) in North America. It also operates the Pick-n-Pull brand, a self-service auto parts chain where customers can just take the desired parts out of a salvaged vehicle. Once that's been done, Schnitzer then usually just recycles the wreck itself.

Data by YCharts

The first quarter of 2020 (which ended in November) was tough for Schnitzer as it had to

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Stock Information

Company Name: Schnitzer Steel Industries Inc.
Stock Symbol: SCHN
Market: NASDAQ

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