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Steel Dynamics Announces Third Quarter 2020 Cash Dividend

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Steel Dynamics, Inc. (STLD) has declared a quarterly cash dividend of $0.25 per common share. This dividend is set to benefit shareholders of record by September 30, 2020, and will be payable on or about October 16, 2020. As one of the largest steel producers and metals recyclers in the U.S., Steel Dynamics continues to produce various steel products and maintain a strong market position.

Positive
  • Quarterly cash dividend of $0.25 announced, rewarding shareholders.
  • Dividend payable on or about October 16, 2020, indicating company profitability.
Negative
  • None.

FORT WAYNE, Ind., Aug. 21, 2020 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.25 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2020, and is payable on or about October 16, 2020.

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. 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.

Cision View original content:http://www.prnewswire.com/news-releases/steel-dynamics-announces-third-quarter-2020-cash-dividend-301116386.html

SOURCE Steel Dynamics, Inc.

FAQ

What is the dividend amount for Steel Dynamics (STLD)?

Steel Dynamics has declared a dividend of $0.25 per common share.

When will Steel Dynamics (STLD) pay the dividend?

The dividend will be payable on or about October 16, 2020.

Who is eligible for the Steel Dynamics (STLD) dividend?

Shareholders of record at the close of business on September 30, 2020, are eligible for the dividend.

Steel Dynamics Inc

NASDAQ:STLD

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17.69B
141.95M
6.63%
84.71%
2.62%
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
Link
United States of America
FORT WAYNE