Nucor Announces 212th Consecutive Cash Dividend and New Share Repurchase Program

Rhea-AI Summary

Nucor (NYSE:NUE) declared a quarterly cash dividend of $0.56 per share, payable May 11, 2026 to holders of record on March 31, 2026 — the company’s 212th consecutive quarterly dividend.

Separately, Nucor’s board approved a new $4.00 billion share repurchase authorization, replacing the prior program under which approximately $3.69 billion was repurchased since May 2023; the new authorization is discretionary and has no expiration date.

Positive

• Quarterly dividend of $0.56 per share declared
• 212th consecutive quarterly cash dividend
• $4.00 billion new share repurchase authorization approved
• Approximately $3.69 billion repurchased under prior program since May 2023
• Repurchase authorization is discretionary and has no expiration date

Negative

• Dividend payable on May 11, 2026 creates near-term cash outflow
• Repurchases are discretionary; timing and amount depend on market conditions and legal requirements

News Market Reaction – NUE

-0.02%

-0.02% Session close to close

In the Feb 20 session, NUE declined 0.02%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reinforces Nucor’s long-running capital return strategy, pairing its 212th consecu...

Analysis

This announcement reinforces Nucor’s long-running capital return strategy, pairing its 212th consecutive quarterly dividend of $0.56 per share with a new $4.00 billion share repurchase authorization. These actions follow a year in which roughly $1.2 billion was returned to shareholders. In evaluating the news, investors may track actual buyback execution, steel demand trends, and ongoing leadership changes, while considering the stock’s position above its $146.10 200-day moving average and recent insider selling activity.

Key Figures

Quarterly dividend: $0.56 per share Dividend pay date: May 11, 2026 Dividend record date: March 31, 2026 +5 more

8 metrics

Quarterly dividend $0.56 per share Regular quarterly cash dividend declared on common stock

Dividend pay date May 11, 2026 Payable date for declared quarterly dividend

Dividend record date March 31, 2026 Record date for shareholders eligible for dividend

Dividend streak 212 consecutive quarters Number of consecutive quarterly cash dividends

New repurchase authorization $4.00 billion Size of newly approved share repurchase program

Prior authorization size $4.00 billion Size of terminated prior repurchase program

Repurchased under prior plan $3.69 billion Total common stock repurchased since May 2023 prior program

Prior plan start May 2023 Authorization date of terminated prior repurchase program

Historical Context

5 past events · Latest: Jan 26 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jan 26	Q4 2025 earnings	Positive	-2.2%	Reported Q4 earnings and EBITDA with outlook for stronger Q1 2026.
Jan 13	Earnings call invite	Neutral	+2.1%	Announced webcast details for Q4 2025 results and Q&A session.
Dec 17	Q4 guidance	Neutral	-1.0%	Issued Q4 EPS guidance and updated on repurchases and backlogs.
Dec 04	Management change	Neutral	-1.3%	Promoted Steve Laxton to President/COO with planned COO retirement.
Dec 01	Dividend increase	Positive	+0.8%	Raised quarterly dividend to $0.56, extending long streak of increases.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent earnings and guidance updates showed at least one instance where seemingly constructive fundamentals coincided with a negative price reaction.

Recent Company History

Over the past few months, Nucor reported Q4 2025 net earnings of $378 million (adjusted $400 million) on net sales of $7.69 billion, returning about $1.2 billion to shareholders in 2025 via repurchases and dividends. Guidance called for Q4 EPS of $1.65–$1.75 with some margin pressure, while still highlighting strong backlogs into 2026. The company also elevated Steve Laxton to President and COO and raised its quarterly dividend to $0.56, marking the 211th consecutive dividend. Today’s new buyback and dividend declaration extend that capital-return trajectory.

Key Terms

share repurchase program, forward-looking statements

2 terms

share repurchase program financial

"approved the repurchase of up to $4.00 billion of the Company's outstanding common stock."

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

forward-looking statements regulatory

"Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHARLOTTE, N.C., Feb. 20, 2026 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on May 11, 2026 to stockholders of record on March 31, 2026 and is Nucor's 212^th consecutive quarterly cash dividend.

In a separate action, Nucor's Board of Directors approved the repurchase of up to $4.00 billion of the Company's outstanding common stock.  This new authorization replaces the previously authorized $4.00 billion repurchase program (which was terminated by the Board of Directors in connection with the approval of the new authorization), under which approximately $3.69 billion of the Company's common stock had been repurchased since its authorization in May 2023. The Company expects share repurchases will be made from time to time in the open market at prevailing market prices or through private transactions or block trades.  The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors.  The new share repurchase authorization is discretionary and has no expiration date.

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.

Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2024. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.

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SOURCE Nucor Corporation

FAQ

What dividend did Nucor (NUE) declare on February 20, 2026?

Nucor declared a $0.56 per share quarterly cash dividend. According to the company, the dividend is payable May 11, 2026 to stockholders of record on March 31, 2026 and marks the 212th consecutive quarterly payout.

What are the details of Nucor's new $4.00 billion share repurchase program (NUE)?

Nucor approved a $4.00 billion repurchase authorization with no expiration date. According to the company, it replaces the prior $4.00 billion program, under which about $3.69 billion was repurchased since May 2023.

When will Nucor (NUE) shareholders receive the declared dividend and who is eligible?

The dividend is payable on May 11, 2026 to shareholders of record on March 31, 2026. According to the company, holders on the record date are eligible to receive the $0.56 per share cash payment.

How does the new Nucor (NUE) buyback differ from the previous program?

The board replaced the prior authorization with a new $4.00 billion program that has no expiration date. According to the company, approximately $3.69 billion was repurchased under the prior program since May 2023.

How will Nucor (NUE) execute share repurchases under the new authorization?

Repurchases may occur in the open market, private transactions or block trades at prevailing prices. According to the company, timing and amount will depend on market conditions and applicable legal requirements.