Nucor Announces 208th Consecutive Cash Dividend
Rhea-AI Summary
Nucor (NYSE: NUE) has declared its 208th consecutive quarterly cash dividend of $0.55 per share on its common stock. The dividend will be payable on May 12, 2025, to stockholders of record on March 31, 2025.
Nucor operates manufacturing facilities across the United States, Canada, and Mexico, producing various steel and steel products including carbon and alloy steel, hollow structural sections, electrical conduit, steel racking, and numerous other steel-based products. Through The David J. Joseph Company, Nucor also engages in metal brokerage and scrap processing, maintaining its position as North America's largest recycler.
Positive
- 208 consecutive quarterly dividend payments demonstrate strong financial stability
- Maintains consistent $0.55 per share quarterly dividend
- Diverse product portfolio across multiple countries
- Leading position as North America's largest recycler
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NUE gained 3.45%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHARLOTTE, N.C., Feb. 18, 2025 /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
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SOURCE Nucor Corporation