Steel Dynamics Announces Second Quarter 2021 Cash Dividend
Steel Dynamics, Inc. (NASDAQ: STLD) has declared a quarterly cash dividend of $0.26 per common share.
Sentiment and the balance of points
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Rhea-AI Summary
Steel Dynamics, Inc. (NASDAQ: STLD) has declared a quarterly cash dividend of $0.26 per common share. This dividend is payable to shareholders of record by June 30, 2021, with payment scheduled on or about July 16, 2021. As one of the largest steel producers and metals recyclers in the U.S., Steel Dynamics continues to strengthen its position in the market, producing a wide range of steel products and processing scrap metals.
Positive
- Quarterly cash dividend of $0.26 per share declared.
- Dividend payable on July 16, 2021, indicating company’s financial stability.
Negative
- None.
Details
News Market Reaction – STLD
The recorded move for STLD in the trading session of this news was -0.42%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FORT WAYNE, Ind., May 20, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of
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.
View original content:http://www.prnewswire.com/news-releases/steel-dynamics-announces-second-quarter-2021-cash-dividend-301296366.html
SOURCE Steel Dynamics, Inc.
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