Form 8-K STEEL DYNAMICS INC For: Sep 14

Go back to Form 8-K STEEL DYNAMICS INC For: Sep 14

Steel Dynamics (STLD) Declares $0.1375 Quarterly Dividend; 3.1% Yield

September 21, 2015 6:29 AM EDT

Steel Dynamics (NASDAQ: STLD) declared a quarterly dividend of $0.1375 per share, or $0.55 annualized.

The dividend will be payable on October 9, 2015, to stockholders of record on September 30, 2015, with an ex-dividend date of September 28, 2015.

The annual yield on the dividend is 3.1... More

Steel Dynamics (STLD) Guides Q3 EPS Below Expectations

September 21, 2015 6:29 AM EDT

Steel Dynamics (NASDAQ: STLD) has provided third quarter 2015 earnings guidance in the range of $0.20 to $0.24 per diluted share, higher than sequential second quarter 2015 earnings of $0.13 per diluted share and less than prior year third quarter earnings of $0.38 per diluted share.

*** The Street sees Q3 EPS of $0.31.

Second quarter 2015 earnings included expenses associated with idling the company's Minnesota iron operations of $0.07 per diluted share and reduced earnings related to the planned furnace maintenance outage at Iron Dynamics of $0.02 per diluted share. Prior year third... More