Steel Dynamics (STLD) Declares $0.14 Quarterly Dividend; 2.2% Yield

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Steel Dynamics (STLD) Prelim. Q2 EPS Tops Expectations

June 13, 2016 7:14 AM EDT

Steel Dynamics, Inc. (Nasdaq: STLD) provided second quarter 2016 earnings guidance in the range of $0.53 to $0.57 per diluted share, compared to sequential first quarter 2016 earnings of $0.26 per diluted share and prior year adjusted second quarter earnings of $0.22 per diluted share, which excludes certain non-cash inventory valuation adjustments and other costs primarily related to idling the company's Minnesota Operations. Including these charges the company reported second quarter 2015 earnings of $0.13 per diluted share.

*** The Street sees EPS of... More