Steel Dynamics Announces Second Quarter 2024 Cash Dividend

Rhea-AI Summary

Steel Dynamics, Inc. declares a second quarter cash dividend of $0.46 per common share, payable to shareholders on record as of June 30, 2024. The dividend will be paid on or about July 12, 2024.

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On the day this news was published, STLD gained 0.25%, reflecting a mild positive market reaction.

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FORT WAYNE, Ind., May 10, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2024 and is payable on or about July 12, 2024.

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.

View original content:https://www.prnewswire.com/news-releases/steel-dynamics-announces-second-quarter-2024-cash-dividend-302142410.html

SOURCE Steel Dynamics, Inc.

FAQ

What is the amount of the second quarter cash dividend declared by Steel Dynamics, Inc.?

Steel Dynamics, Inc. declared a second quarter cash dividend of $0.46 per common share.

When will the second quarter cash dividend be paid to shareholders?

The dividend will be paid on or about July 12, 2024.

When is the deadline for shareholders to be eligible for the second quarter cash dividend?

Shareholders must be on record as of June 30, 2024, to be eligible for the dividend.

What is the stock symbol of Steel Dynamics, Inc.?

The stock symbol of Steel Dynamics, Inc. is STLD.