United States Steel Corporation Declares Dividend

Rhea-AI Summary

United States Steel Corporation (NYSE: X) announced a dividend of $0.05 per share, payable on March 8, 2022, to stockholders of record on February 7, 2022. The company emphasizes a commitment to sustainability and innovation, targeting industries such as automotive and construction. U. S. Steel boasts an annual raw steelmaking capability of 22.4 million net tons and operates globally, with a focus on high-value steel products like XG3™ advanced high-strength steel.

Positive

• Declared a dividend of $0.05 per share, enhancing shareholder returns.
• Focuses on innovation and sustainability in steel production.
• Annual raw steelmaking capacity of 22.4 million net tons.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 8, 2022 to stockholders of record at the close of business on Monday, February 7, 2022.

Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the company’s customer-centric Best for All℠ strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3™ advanced high-strength steel. The company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005804/en/

John O. Ambler

Vice President

Corporate Communications

T – (412) 433-2407

E – joambler@uss.com

Kevin Lewis

Vice President

Investor Relations

T – (412) 433-6935

E – klewis@uss.com

Source: United States Steel Corporation

FAQ

What is the dividend amount declared by United States Steel Corporation?

The dividend amount declared is $0.05 per share.

When will the dividend be paid to stockholders of United States Steel?

The dividend will be paid on March 8, 2022.

What is the record date for United States Steel's dividend payment?

The record date for the dividend payment is February 7, 2022.

How does United States Steel Corporation focus on sustainability?

U. S. Steel emphasizes sustainability through its customer-centric Best for All℠ strategy and innovation.