STOCK TITAN

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.

(Neutral)

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.

Tags
dividends

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.

Loading...
Loading translation...

Positive

  • Quarterly cash dividend of $0.405 per share announced.
  • 193rd consecutive dividend demonstrates financial stability.

Negative

  • None.
Argus Session date unavailable
+2.44% session move Open Argus
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.

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

CHARLOTTE, N.C., June 8, 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 August 11, 2021 to stockholders of record on June 30, 2021 and is Nucor's 193rd 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-193rd-consecutive-cash-dividend-301307884.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 Corporation?

Nucor Corporation declared a quarterly cash dividend of $0.405 per share.

When is the Nucor dividend payable?

The dividend is payable on August 11, 2021.

What is the record date for the Nucor dividend?

The record date for the dividend is June 30, 2021.

How many consecutive dividends has Nucor paid?

Nucor has paid 193 consecutive quarterly cash dividends.

Keep reading