Nucor Announces 198th Consecutive Cash Dividend
The board of directors of Nucor Corporation (NYSE: NUE) declared a quarterly cash dividend of $0.50 per share, payable on November 10, 2022.
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Rhea-AI Summary
The board of directors of Nucor Corporation (NYSE: NUE) declared a quarterly cash dividend of $0.50 per share, payable on November 10, 2022. This dividend is for stockholders of record as of September 30, 2022 and marks Nucor's 198th consecutive quarterly cash dividend. Nucor is a leading manufacturer of steel products with operations across the U.S., Canada, and Mexico, producing a variety of steel products and serving as North America's largest recycler.
Positive
- Declared a quarterly cash dividend of $0.50 per share.
- 198th consecutive quarterly cash dividend reflects consistent income for shareholders.
Negative
- None.
Details
News Market Reaction – NUE
The recorded move for NUE in the trading session of this news was -2.85%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., Sept. 15, 2022 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of
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 racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; 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:https://www.prnewswire.com/news-releases/nucor-announces-198th-consecutive-cash-dividend-301625627.html
SOURCE Nucor Corporation
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