Steel Dynamics (STLD) Raises Quarterly Dividend 4% to $0.26; 2.5% Yield

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Steel Dynamics Announces First Quarter 2021 Cash Dividend Increase

February 26, 2021 1:37 PM EST

FORT WAYNE, Ind., Feb. 26, 2021 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.26 per common share, a four percent increase over the company's 2020 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2021 and is payable on or about April 16, 2021.

"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... More