Nucor Announces 208th Consecutive Cash Dividend
Nucor (NYSE: NUE) has declared its 208th consecutive quarterly cash dividend of $0.55 per share on its common stock.
Sentiment and the balance of points
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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.
Details
News Market Reaction – NUE
The recorded move for NUE in the trading session of this news was +3.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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