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flag Steelcase Inc. announces a $0.10 per share dividend, marking a slight increase despite past cuts.

flag Steelcase Inc. announced a quarterly dividend of $0.10 per share, payable on April 21st to shareholders on record as of April 7th. flag Despite reducing dividends by 9.2% annually over three years, Steelcase's recent quarter showed a $0.26 EPS, beating estimates by $0.06, with a 1.7% revenue increase year-over-year. flag The company has a payout ratio of 32.0%, ensuring dividends are sufficiently covered by earnings. flag Steelcase's stock opened at $10.69, giving it a market cap of $1.22 billion and a P/E ratio of 11.14.

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