Steel Dynamics (STLD) Declares $0.155 Quarterly Dividend; 1.8% Yield
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Steel Dynamics Provides Third Quarter 2017 Guidance and Announces Third Quarter 2017 Cash Dividend
September 19, 2017 6:00 PM EDTFORT WAYNE, Ind., Sept. 19, 2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided third quarter 2017 earnings guidance in the range of $0.61 to $0.65 per diluted share, which includes estimated charges of $8 million (before taxes), or approximately $0.02 per diluted share, related to the company's third quarter 2017 debt refinancing activities. Excluding these charges, the company's estimated adjusted third quarter 2017 earnings guidance is in the range of $0.63 to $0.67 per diluted share.
Comparatively, the company's sequential second quarter 2017 earnings were $0.63 per diluted share and prior year third quarter earnings were $0.64 per diluted share.... More
