Nucor Announces 192nd Consecutive Cash Dividend
Nucor Corporation (NYSE: NUE) announced a quarterly cash dividend of $0.405 per share, reflecting its ongoing commitment to returning value to shareholders.
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Rhea-AI Summary
Nucor Corporation (NYSE: NUE) announced a quarterly cash dividend of $0.405 per share, reflecting its ongoing commitment to returning value to shareholders. This marks Nucor's 192nd consecutive quarterly cash dividend. The dividend will be payable on May 11, 2021, to stockholders of record as of March 31, 2021. Nucor is recognized as North America's largest recycler, manufacturing a diverse range of steel products across the U.S., Canada, and Mexico.
Positive
- Quarterly cash dividend of $0.405 per share.
- 192nd consecutive quarterly cash dividend.
- Commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – NUE
The recorded move for NUE in the trading session of this news was +1.65%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., Feb. 23, 2021 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of
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-192nd-consecutive-cash-dividend-301233516.html
SOURCE Nucor Corporation
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