STOCK TITAN

Steel Dynamics Announces Fourth Quarter 2021 Cash Dividend

Steel Dynamics, Inc. (NASDAQ: STLD) has declared a quarterly cash dividend of $0.26 per common share.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags
dividends earnings

Rhea-AI Summary

Steel Dynamics, Inc. (NASDAQ: STLD) has declared a quarterly cash dividend of $0.26 per common share. Shareholders of record by December 31, 2021 will receive this dividend, payable on or about January 14, 2022. As one of the largest domestic steel producers and metals recyclers in the U.S., Steel Dynamics operates numerous facilities across the country and Mexico, producing a variety of steel products and recycling metals.

Loading...
Loading translation...

Positive

  • Quarterly cash dividend declared at $0.26 per share.
  • Dividend payment date set for January 14, 2022.

Negative

  • None.
Argus Session date unavailable
-0.79% session move Open Argus
Details

News Market Reaction – STLD

The recorded move for STLD in the trading session of this news was -0.79%.

Data tracked by StockTitan Argus. Session date unavailable.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

FORT WAYNE, Ind., Nov. 19, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.26 per common share. The dividend is payable to shareholders of record at the close of business on December 31, 2021 and is payable on or about January 14, 2022. 

About Steel Dynamics, Inc.

Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.

Cision View original content:https://www.prnewswire.com/news-releases/steel-dynamics-announces-fourth-quarter-2021-cash-dividend-301429257.html

SOURCE Steel Dynamics, Inc.

FAQ

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

What is the dividend amount announced by Steel Dynamics?

Steel Dynamics announced a quarterly cash dividend of $0.26 per share.

When is the dividend payment date for Steel Dynamics?

The dividend is payable on or about January 14, 2022.

Who is eligible to receive the Steel Dynamics dividend?

Shareholders of record at the close of business on December 31, 2021, are eligible.

How often does Steel Dynamics pay dividends?

Steel Dynamics typically declares quarterly dividends.

What does Steel Dynamics produce?

Steel Dynamics produces a variety of steel products and processes ferrous and nonferrous scrap.

Keep reading