United States Steel Corporation Declares Dividend

Rhea-AI Summary

United States Steel Corporation (NYSE: X) has declared a dividend of $0.01 per share, to be paid on March 9, 2021, to stockholders of record as of February 8, 2021. The company, founded in 1901, is a leading integrated steel producer with an annual raw steelmaking capacity of 26.2 million net tons. U. S. Steel focuses on producing high value-added steel products across various sectors, including automotive and infrastructure. Their innovative technology strategy aims to enhance sustainability and operational efficiency.

Positive

• Dividend declared at $0.01 per share enhances shareholder income.
• Annual raw steelmaking capability of 26.2 million net tons indicates strong production capacity.
• Focus on innovative and sustainable technology positions U. S. Steel for future growth.

Negative

• None.

United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 9, 2021 to stockholders of record at the close of business on Monday, February 8, 2021.

Founded in 1901, the United States Steel Corporation is a Fortune 250 company and leading integrated steel producer. With extensive iron ore production and an annual raw steelmaking capability of 26.2 million net tons, U. S. Steel produces high value-added steel products for the automotive, infrastructure, appliance, container, and energy industries. The company’s Best of Both℠ integrated and mini-mill technology strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With renewed emphasis on innovation and customer focus, the company produces cutting-edge products such as U. S. Steel’s proprietary XG3™ advanced high-strength steel. 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/20210128006129/en/

FAQ

When is the dividend payment date for U. S. Steel?

The dividend payment date for U. S. Steel is March 9, 2021.

What is the dividend amount declared by U. S. Steel?

U. S. Steel declared a dividend of $0.01 per share.

Who qualifies for the U. S. Steel dividend?

Stockholders of record as of February 8, 2021, qualify for the dividend.

How often does U. S. Steel pay dividends?

U. S. Steel pays dividends quarterly, but the frequency can vary based on company performance.