Steel Dynamics (STLD) Declares $0.1550 Quarterly Dividend; 1.9% Yield

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Steel Dynamics Provides Second Quarter 2017 Guidance and Announces Second Quarter 2017 Cash Dividend

June 15, 2017 8:00 PM EDT

 

FORT WAYNE, Ind., June 15, 2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter 2017 earnings guidance in the range of $0.60 to $0.64 per diluted share, compared to prior year second quarter earnings of $0.58 per diluted share and sequential first quarter 2017 earnings of $0.82 per diluted share.  

During the second quarter 2017, the company further modernized one of its galvanizing lines located at its Butler Flat Roll Division, while also expanding the line's annual value-added production capability by an additional... More