Steel Dynamics (STLD) Raises Quarterly Dividend 28% to $0.24; 2.6% Yield

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Steel Dynamics Announces First Quarter 2019 Cash Dividend Increase of 28%

February 14, 2019 8:00 AM EST

FORT WAYNE, Ind., Feb. 14, 2019 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors has declared a quarterly cash dividend of $0.24 per common share, a 28 percent increase over the company's 2018 quarterly rate.  The dividend is payable to shareholders of record at the close of business on March 31, 2019, and is payable on or about April 12, 2019.

"Through strategic growth and optimization of our operations, we have further positioned Steel Dynamics in recent years to consistently perform at higher through-cycle levels," said Mark D. Millett, President and Chief... More