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

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Steel Dynamics Provides Third Quarter 2015 Earnings Guidance and Announces Third Quarter Cash Dividend

September 18, 2015 6:00 PM EDT

FORT WAYNE, Ind., Sept. 18, 2015 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today, the company 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. 

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 quarter earnings included... More