Steel Dynamics Announces Third Quarter 2021 Cash Dividend
Rhea-AI Summary
Steel Dynamics (NASDAQ: STLD) announced a quarterly cash dividend of $0.26 per share. This dividend is scheduled for payment to shareholders of record on September 30, 2021, with a payment date on or about October 15, 2021. As one of the largest domestic steel producers and metals recyclers in the U.S., the company operates multiple facilities across the country and in Mexico, producing a variety of steel products and recycling metals.
Positive
- Quarterly cash dividend of $0.26 declared for shareholders.
- Strong position as one of the largest domestic steel producers.
Negative
- None.
News Market Reaction – STLD
In the trading session that priced this news, STLD declined 0.27%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FORT WAYNE, Ind., Aug. 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:https://www.prnewswire.com/news-releases/steel-dynamics-announces-third-quarter-2021-cash-dividend-301359760.html
SOURCE Steel Dynamics, Inc.