1. Nucor declared a quarterly cash dividend of $0.55 per share. 2. This marks Nucor's 208th consecutive quarterly cash dividend. 3. The dividend is payable on May 12, 2025, influencing shareholder returns. 4. Nucor is the largest recycler in North America. 5. Operating facilities are located in the U.S., Canada, and Mexico.
Consistent dividends enhance investor confidence, likely boosting stock demand, similar to past dividend announcements.
Regular dividend payments signal financial stability and performance, making it crucial for NUE investors.
The immediate impact comes from dividend payment, benefiting short-term investor sentiment.
CHARLOTTE, N.C., Feb. 18, 2025 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.55 per share on Nucor's common stock. This cash dividend is payable on May 12, 2025 to stockholders of record on March 31, 2025 and is Nucor's 208th consecutive quarterly cash dividend.
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures.
Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
SOURCE Nucor Corporation