Below is a long-term dividend history chart for SCHN, which Dividend Channel stressed as being of key importance.

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Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on SCHN is its dividend history.

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The report noted that among metals and mining companies, SCHN shares displayed both attractive valuation metrics and strong profitability metrics.

FORBES: This Stock Has A 2.61% Yield And Sells For Less Than Book

Mr. Prouty said that companies poised to benefit from the long-term trend in pricing include Metalico (MEA), Schnitzer Steel Industries (SCHN) and Sims Metal Management (SMS).

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According to the ETF Finder at ETF Channel, SCHN makes up 2.89% of the First Trust Materials AlphaDEX Fund ETF ( AMEX: FXZ) which is trading up by about 0.4% on the day Friday.

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According to the ETF Finder at ETF Channel, SCHN makes up 2.85% of the First Trust Materials AlphaDEX Fund ETF ( AMEX: FXZ )which is trading lower by about 2.6% on the day Tuesday.

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Among the largest underlying components of XME, in trading today Arch Coal, Inc. ( NYSE: ACI) is up about 3.2%, Steel Dynamics Inc. ( NASD: STLD) is up about 0.8%, and Schnitzer Steel Industries, Inc. ( NASD: SCHN) is higher by about 1.5%.

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