Steel Dynamics Announces Second Quarter 2023 Cash Dividend

Rhea-AI Summary

Steel Dynamics announces second quarter cash dividend of $0.425 per share

Positive

• Steel Dynamics declares a cash dividend of $0.425 per share for Q2 2023

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• None.

FORT WAYNE, Ind., May 15, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.425 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2023 and is payable on or about July 14, 2023.

About Steel Dynamics, Inc.
Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. All of Steel Dynamics' steel production facilities utilize electric arc furnace technology.  Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.

View original content:https://www.prnewswire.com/news-releases/steel-dynamics-announces-second-quarter-2023-cash-dividend-301824978.html

SOURCE Steel Dynamics, Inc.

FAQ

What is the dividend amount declared by Steel Dynamics for Q2 2023?

Steel Dynamics has declared a cash dividend of $0.425 per common share for the second quarter of 2023.

When will the dividend be payable?

The dividend will be payable on or about July 14, 2023.

Who is eligible to receive the dividend?

Shareholders of record at the close of business on June 30, 2023, will be eligible to receive the dividend.