Steel Dynamics (STLD) Raises Quarterly Dividend 25% to $0.425; 1.4% Yield

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Steel Dynamics Announces First Quarter 2023 Cash Dividend Increase of 25%

February 27, 2023 8:45 AM EST

FORT WAYNE, Ind., Feb. 27, 2023 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.425 per common share, a 25 percent increase over the company's 2022 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2023 and is payable on or about April 14, 2023.

"These actions reflect the Board's and senior leadership's confidence in the consistency and strength of our cash generation capabilities," said... More