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

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.

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

Argus Feb 20 session

-0.02% close to close 1.0x rel. volume Open Argus

Details

News Market Reaction – NUE

On Feb 20, the day this news came out, NUE closed 0.02% below the previous close.

Data tracked by StockTitan Argus for the Feb 20 session.

Key Figures

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

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

5 events

1. Jan 26

   Q4 2025 earnings

   24h Move

   -2.2%

   Reported Q4 earnings and EBITDA with outlook for stronger Q1 2026.

2. Jan 13

   Earnings call invite

   24h Move

   +2.1%

   Announced webcast details for Q4 2025 results and Q&A session.

3. Dec 17

   Q4 guidance

   24h Move

   -1.0%

   Issued Q4 EPS guidance and updated on repurchases and backlogs.

4. Dec 04

   Management change

   24h Move

   -1.3%

   Promoted Steve Laxton to President/COO with planned COO retirement.

5. Dec 01

   Dividend increase

   24h Move

   +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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.