Nucor Announces 193rd Consecutive Cash Dividend
Nucor Corporation (NYSE: NUE) announced a quarterly cash dividend of $0.405 per share, reflecting its 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 commitment to returning value to shareholders. This dividend, marking the 193rd consecutive payment, is scheduled for August 11, 2021, to stockholders on record by June 30, 2021. Nucor, a leading manufacturer of steel products, operates in the U.S., Canada, and Mexico, producing a wide range of steel products and functioning as North America's largest recycler.
Positive
- Quarterly cash dividend of $0.405 per share announced.
- 193rd consecutive dividend demonstrates financial stability.
Negative
- None.
Details
News Market Reaction – NUE
The recorded move for NUE in the trading session of this news was +2.44%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., June 8, 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-193rd-consecutive-cash-dividend-301307884.html
SOURCE Nucor Corporation
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