Steel Dynamics (STLD) Raises Quarterly Dividend 21% to $0.1875; 1.5% Yield

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Steel Dynamics Announces First Quarter 2018 Cash Dividend Increase

February 20, 2018 8:15 AM EST

FORT WAYNE, Ind., Feb. 20, 2018 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.1875 per common share, a 21 percent increase over the company's 2017 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2018, and is payable on or about April 13, 2018.

"We are pleased that our board of directors took this action, based on our confidence in the current and anticipated future strength of our cash flow generation capability and strong financial... More