Nucor Announces 206th Consecutive Cash Dividend

Rhea-AI Summary

Nucor (NYSE: NUE) has announced its 206th consecutive quarterly cash dividend. The Board of Directors declared a regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This dividend will be payable on November 8, 2024, to stockholders of record on September 27, 2024.

Nucor is a leading manufacturer of steel and steel products, with operations in the United States, Canada, and Mexico. The company produces a wide range of steel products, including carbon and alloy steel in various forms, as well as related products like steel fasteners and metal building systems. Notably, Nucor is recognized as North America's largest recycler.

Positive

• Consistent dividend payment for 206 consecutive quarters, demonstrating financial stability
• Maintained dividend amount at $0.54 per share, providing steady income for shareholders
• Diverse product portfolio across steel and related industries
• Strong market position as North America's largest recycler

Negative

• None.

News Market Reaction

+2.05%

1 alert

+2.05% News Effect

On the day this news was published, NUE gained 2.05%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHARLOTTE, N.C., Sept. 12, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on November 8, 2024 to stockholders of record on September 27, 2024 and is Nucor's 206^th 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 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; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, 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-206th-consecutive-cash-dividend-302246978.html

SOURCE Nucor Corporation

FAQ

What is Nucor's latest quarterly dividend amount for 2024?

Nucor's latest quarterly dividend is $0.54 per share on its common stock.

When will Nucor (NUE) pay its next dividend?

Nucor will pay its next dividend on November 8, 2024, to stockholders of record on September 27, 2024.

How many consecutive quarterly dividends has Nucor (NUE) paid?

Nucor has paid 206 consecutive quarterly cash dividends, as announced in their latest press release.

What are the main products manufactured by Nucor ?

Nucor manufactures a wide range of steel products, including carbon and alloy steel in bars, beams, sheet and plate, hollow structural section tubing, electrical conduit, steel racking, steel piling, and various other steel-related products.