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Nucor Announces 197th Consecutive Cash Dividend

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Nucor Corporation (NYSE: NUE) has declared a quarterly cash dividend of $0.50 per share, marking its 197th consecutive quarterly dividend. This dividend is payable on August 11, 2022, to shareholders of record as of June 30, 2022. Nucor is recognized as North America's largest recycler and engages in manufacturing various steel and steel products across operations in the United States, Canada, and Mexico.

Positive
  • Declared a cash dividend of $0.50 per share, providing income for shareholders.
  • Continuously paying dividends for 197 quarters demonstrates financial stability.
Negative
  • None.

CHARLOTTE, N.C., June 9, 2022 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.50 per share on Nucor's common stock.  This cash dividend is payable on August 11, 2022 to stockholders of record on June 30, 2022 and is Nucor's 197th consecutive quarterly cash dividend.

About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

Cision View original content:https://www.prnewswire.com/news-releases/nucor-announces-197th-consecutive-cash-dividend-301564975.html

SOURCE Nucor Corporation

FAQ

What is the dividend amount declared by Nucor in June 2022?

Nucor declared a dividend of $0.50 per share.

When will Nucor's dividend be paid?

The dividend will be paid on August 11, 2022.

What is the record date for Nucor's dividend?

The record date for the dividend is June 30, 2022.

How long has Nucor been paying dividends?

Nucor has paid dividends for 197 consecutive quarters.

Nucor Corporation

NYSE:NUE

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27.37B
233.22M
0.52%
79.51%
2.48%
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
Link
United States of America
CHARLOTTE