Nucor Announces 190th Consecutive Cash Dividend

The board of directors of Nucor Corporation (NYSE: NUE) has declared a regular quarterly cash dividend of $0.4025 per share on its common stock, marking the company's 190th consecutive quarterly dividend.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

The board of directors of Nucor Corporation (NYSE: NUE) has declared a regular quarterly cash dividend of $0.4025 per share on its common stock, marking the company's 190th consecutive quarterly dividend. This dividend will be payable on November 10, 2020 to stockholders of record as of September 30, 2020. Nucor, a leading steel manufacturer in North America, operates across the U.S., Canada, and Mexico, producing various steel and metal products while being recognized as the largest recycler in North America.

Positive

Declaring a quarterly cash dividend of $0.4025 per share demonstrates Nucor's consistent financial performance.
This marks Nucor's 190th consecutive quarterly dividend, indicating strong shareholder returns.

Negative

None.

Argus Session date unavailable

-1.45% session move Open Argus

Details

News Market Reaction – NUE

The recorded move for NUE in the trading session of this news was -1.45%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

09/10/2020 - 01:46 PM EDT

CHARLOTTE, N.C., Sept. 10, 2020 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.4025 per share on Nucor's common stock. This cash dividend is payable on November 10, 2020 to stockholders of record on September 30, 2020 and is Nucor's 190^th consecutive quarterly cash dividend.

About Nucor
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 piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, 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.

View original content:http://www.prnewswire.com/news-releases/nucor-announces-190th-consecutive-cash-dividend-301127841.html

SOURCE Nucor Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Nucor for Q3 2020?

Nucor declared a quarterly cash dividend of $0.4025 per share.

When is the dividend payable to shareholders?

The dividend is payable on November 10, 2020.

What is the record date for the Nucor dividend?

The record date for the dividend is September 30, 2020.

How many consecutive quarters has Nucor paid dividends?

Nucor has paid dividends for 190 consecutive quarters.

Is Nucor considered a sustainable company?

Nucor is recognized as North America's largest recycler, which supports its sustainability initiatives.

Nucor Announces 190th Consecutive Cash Dividend