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Steel Dynamics Announces Fourth Quarter 2024 Cash Dividend

Steel Dynamics (NASDAQ: STLD) has declared a quarterly cash dividend of $0.46 per common share for the fourth quarter of 2024.

(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.

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dividends earnings

Rhea-AI Summary

Steel Dynamics (NASDAQ: STLD) has declared a quarterly cash dividend of $0.46 per common share for the fourth quarter of 2024. The dividend will be paid to shareholders of record as of December 31, 2024, with the payment scheduled for January 10, 2025.

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Positive

  • Maintaining consistent dividend payments, demonstrating financial stability

Negative

  • None.
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+0.41% session move Open Argus
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News Market Reaction – STLD

The recorded move for STLD in the trading session of this news was +0.41%.

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FORT WAYNE, Ind., Nov. 8, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a fourth quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on December 31, 2024 and is payable on or about January 10, 2025. 

About Steel Dynamics, Inc. 
Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, 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 to download multimedia:https://www.prnewswire.com/news-releases/steel-dynamics-announces-fourth-quarter-2024-cash-dividend-302300012.html

SOURCE Steel Dynamics, Inc.

FAQ

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

What is Steel Dynamics' (STLD) Q4 2024 dividend amount?

Steel Dynamics declared a Q4 2024 dividend of $0.46 per common share.

When is the record date for Steel Dynamics' (STLD) Q4 2024 dividend?

The record date for Steel Dynamics' Q4 2024 dividend is December 31, 2024.

When will Steel Dynamics (STLD) pay its Q4 2024 dividend?

Steel Dynamics will pay its Q4 2024 dividend on or about January 10, 2025.

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