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United States Steel Corporation (NYSE:X) has declared a $0.05 dividend per share, payable on June 8, 2022, to shareholders on record as of May 9, 2022. The company, established in 1901, emphasizes safety and sustainability through its Best for All® strategy. U. S. Steel produces high-value-added steel products for critical industries like automotive and energy, with an annual production capability of 22.4 million net tons.
Positive
Declaration of a $0.05 dividend per share, signaling potential value for shareholders.
Focus on safety and innovation may enhance long-term sustainability and growth.
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 Wednesday, June 8, 2022, to stockholders of record at the close of business on Monday, May 9, 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.