Steel Dynamics (STLD) Declares $0.14 Quarterly Dividend; 1.5% Yield
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Steel Dynamics Provides Fourth Quarter 2016 Guidance and Announces Fourth Quarter 2016 Cash Dividend
December 16, 2016 9:00 AM ESTFORT WAYNE, Ind., Dec. 16, 2016 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2016 earnings guidance in the range of $0.36 to $0.40 per diluted share, which includes estimated charges of $16.5 million (before taxes), or approximately $0.04 per diluted share, related to the company's fourth quarter 2016 debt refinancing and repayment activities. Excluding these charges, the company's estimated fourth quarter 2016 earnings guidance would have been in the range of $0.40 to $0.44 per diluted share.Â
Estimated fourth quarter 2016 earnings are lower than the company's sequential third quarter results of $0.64 per diluted share and higher... More
