Nucor (NUE) Declares $0.38 Quarterly Dividend; 2.4% Yield; Board Approves Up to $2B Share Repuchase Plan

Nucor (NYSE: NUE) declared a quarterly dividend of $0.38 per share, or $1.52 annualized.

The dividend will be payable on November 9, 2018, to stockholders of record on September 28, 2018, with an ex-dividend date of September 27, 2018.

The annual yield on the dividend is 2.4 percent.

Share Repurchase Plan

Board of Directors approved the repurchase of up to $2 billion of the company's common stock. Share repurchases will be made from time to time in the open market at prevailing market prices, through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The board of directors also terminated any previously authorized repurchase programs.

For a dividend history and other dividend-related data on Nucor (NUE) click here.

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