STOCK TITAN

United States Steel Corporation Declares Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

United States Steel Corporation (NYSE: X) has declared a $0.05 dividend per share on its Common Stock. This dividend is set to be paid on December 8, 2022, to stockholders recorded by the close of business on November 7, 2022. Founded in 1901, U. S. Steel is a prominent steel producer focusing on safety and sustainability, serving various industries with high-value steel products. The company boasts an annual raw steelmaking capacity of 22.4 million net tons and operates extensively across the United States and Central Europe.

Positive
  • Dividend of $0.05 per share demonstrates commitment to returning value to shareholders.
  • Strong focus on safety and sustainability enhances corporate responsibility.
  • Annual raw steelmaking capability of 22.4 million net tons supports operational strength.
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 Thursday, December 8, 2022, to stockholders of record at the close of business on Monday, November 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.

Arista Joyner

Manager

Financial Communications

T – (412) 433-3994

E – aejoyner@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?

United States Steel Corporation has declared a dividend of $0.05 per share.

When is the dividend for U.S. Steel scheduled to be paid?

The dividend is scheduled to be paid on December 8, 2022.

What is the record date for U.S. Steel's dividend?

The record date for the dividend is November 7, 2022.

How does U.S. Steel's dividend affect shareholders?

The dividend payment signifies the company's commitment to returning value to its shareholders.

United States Steel Corporation

NYSE:X

X Rankings

X Latest News

X Stock Data

8.91B
221.68M
1.5%
88.49%
7.11%
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
Link
United States of America
PITTSBURGH