Steel Dynamics Announces Second Quarter 2022 Cash Dividend

Rhea-AI Summary

Steel Dynamics, Inc. (NASDAQ: STLD) has declared a quarterly cash dividend of $0.34 per common share. This dividend is payable to shareholders of record on June 30, 2022, with payments expected around July 15, 2022. The company is one of the largest steel producers and metal recyclers in the U.S., operating many facilities across the country and in Mexico, and offers a wide range of steel products and services.

Positive

• Quarterly cash dividend of $0.34 per share declared.
• Confidence in shareholder return with consistent dividends.

Negative

• None.

FORT WAYNE, Ind., May 6, 2022 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.34 per common share.  The dividend is payable to shareholders of record at the close of business on June 30, 2022 and is payable on or about July 15, 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.

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SOURCE Steel Dynamics, Inc.

FAQ

What is the dividend amount declared by Steel Dynamics for Q2 2022?

The dividend amount declared by Steel Dynamics for Q2 2022 is $0.34 per common share.

When is the dividend payment date for Steel Dynamics?

The dividend payment date for Steel Dynamics is expected on or about July 15, 2022.

Who qualifies for the Steel Dynamics dividend?

Shareholders of record at the close of business on June 30, 2022, will qualify for the Steel Dynamics dividend.

How often does Steel Dynamics pay dividends?

Steel Dynamics typically pays dividends quarterly.