Steelcase Inc. (NYSE:SCS) will release earnings results for the second quarter, after the closing bell on Wednesday, Sept. 24.
Analysts expect the company to report quarterly earnings at 37 cents per share, down from 39 cents per share in the year-ago period. Steelcase projects quarterly revenue of $873.6 million, compared to $855.8 million a year earlier, according to data from Benzinga Pro.
On Aug. 4, HNI announced it will acquire Steelcase for approximately $2.2 billion.
With the recent buzz around Steelcase, some investors may be eyeing potential gains from the company’s dividends. As of now, Steelcase offers an annual dividend yield of 2.37%, which is a semi-annual dividend amount of 10 cents per share (40 cents a year).
So, how can investors …