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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.

(Neutral)

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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.

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Positive

  • Quarterly cash dividend of $0.405 per share.
  • 192nd consecutive quarterly cash dividend.
  • Commitment to returning value to shareholders.

Negative

  • None.
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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.

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CHARLOTTE, N.C., Feb. 23, 2021 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.405 per share on Nucor's common stock.  This cash dividend is payable on May 11, 2021 to stockholders of record on March 31, 2021 and is Nucor's 192nd 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.

 

Cision View original content:http://www.prnewswire.com/news-releases/nucor-announces-192nd-consecutive-cash-dividend-301233516.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 May 2021?

Nucor declared a dividend of $0.405 per share for May 2021.

When is Nucor's dividend payable?

The dividend is payable on May 11, 2021.

What is the record date for Nucor's dividend?

The record date for the dividend is March 31, 2021.

How many consecutive quarterly dividends has Nucor paid?

Nucor has paid 192 consecutive quarterly cash dividends.

Is Nucor a leader in recycling?

Yes, Nucor is North America's largest recycler.

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