Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.
Nucor Dividend Announcement
• Nucor announced a quarterly dividend of $0.54 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-09-27
• Nucor annual dividend for 2024 was $1.62
• Nucor annual dividend for 2023 was $2.07
• Nucor's trailing twelve-month (TTM) dividend yield is 1.4%
• Nucor's payout ratio for the trailing twelve months (TTM) is 20.61%
• Nucor's dividend growth over the last five years (2018-2023) was 6.09% year
• Nucor's dividend growth over the last ten years (2013-2023) was 3.46% year
Nucor Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | $0.54 | quarterly | 2024-11-08 |
| 2024-06-28 | $0.54 | quarterly | 2024-08-09 |
| 2024-03-27 | $0.54 | quarterly | 2024-05-10 |
| 2023-12-28 | $0.54 | quarterly | 2024-02-09 |
| 2023-09-28 | $0.51 | quarterly | 2023-11-09 |
| 2023-06-29 | $0.51 | quarterly | 2023-08-11 |
| 2023-03-30 | $0.51 | quarterly | 2023-05-11 |
| 2022-12-29 | $0.51 | quarterly | 2023-02-10 |
| 2022-09-29 | $0.50 | quarterly | 2022-11-10 |
| 2022-06-29 | $0.50 | quarterly | 2022-08-11 |
| 2022-03-30 | $0.50 | quarterly | 2022-05-11 |
| 2021-12-30 | $0.50 | quarterly | 2022-02-11 |
| 2021-09-29 | $0.41 | quarterly | 2021-11-10 |
| 2021-06-29 | $0.41 | quarterly | 2021-08-11 |
| 2021-03-30 | $0.41 | quarterly | 2021-05-11 |
| 2020-12-30 | $0.41 | quarterly | 2021-02-11 |
| 2020-09-29 | $0.40 | quarterly | 2020-11-10 |
| 2020-06-29 | $0.40 | quarterly | 2020-08-11 |
| 2020-03-30 | $0.40 | quarterly | 2020-05-11 |
| 2019-12-30 | $0.40 | quarterly | 2020-02-11 |
| 2019-09-26 | $0.40 | quarterly | 2019-11-08 |
| 2019-06-27 | $0.40 | quarterly | 2019-08-09 |
| 2019-03-28 | $0.40 | quarterly | 2019-05-10 |
| 2018-12-28 | $0.40 | quarterly | 2019-02-11 |
| 2018-09-27 | $0.38 | quarterly | 2018-11-09 |
| 2018-06-28 | $0.38 | quarterly | 2018-08-10 |
| 2018-03-28 | $0.38 | quarterly | 2018-05-11 |
| 2017-12-28 | $0.38 | quarterly | 2018-02-09 |
| 2017-09-28 | $0.38 | quarterly | 2017-11-09 |
| 2017-06-28 | $0.38 | quarterly | 2017-08-11 |
| 2017-03-29 | $0.38 | quarterly | 2017-05-11 |
| 2016-12-28 | $0.38 | quarterly | 2017-02-10 |
| 2016-09-28 | $0.38 | quarterly | 2016-11-10 |
| 2016-06-28 | $0.38 | quarterly | 2016-08-11 |
| 2016-03-29 | $0.38 | quarterly | 2016-05-11 |
| 2015-12-29 | $0.38 | quarterly | 2016-02-11 |
| 2015-09-28 | $0.37 | quarterly | 2015-11-10 |
| 2015-06-26 | $0.37 | quarterly | 2015-08-11 |
| 2015-03-27 | $0.37 | quarterly | 2015-05-11 |
| 2014-12-29 | $0.37 | quarterly | 2015-02-11 |
| 2014-09-26 | $0.37 | quarterly | 2014-11-10 |
| 2014-06-26 | $0.37 | quarterly | 2014-08-11 |
| 2014-03-27 | $0.37 | quarterly | 2014-05-12 |
| 2013-12-27 | $0.37 | quarterly | 2014-02-11 |
| 2013-09-25 | $0.37 | quarterly | 2013-11-08 |
| 2013-06-26 | $0.37 | quarterly | 2013-08-09 |
| 2013-03-26 | $0.37 | quarterly | 2013-05-10 |
Nucor Dividend per year
Nucor Dividend growth
Nucor Dividend Yield
Nucor current trailing twelve-month (TTM) dividend yield is 1.4%. Interested in purchasing Nucor stock? Use our calculator to estimate your expected dividend yield:
Nucor Financial Ratios
P/E ratio14.41
PEG ratio2.33
P/B ratio1.78
ROE12.20%
Payout ratio20.61%
Current ratio2.59
Quick ratio1.61
Cash Ratio0.82
Nucor Dividend FAQ
How much is the next Nucor dividend?
Nucor's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nucor dividend. The next Nucor dividend will be released in March, June, September, or December.
When is Nucor dividend paid?
Nucor pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Nucor pay?
The specific amount of Nucor dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nucor's dividend history.
Does Nucor stock pay dividends?
Yes, Nucor does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nucor's dividend history.
How much dividend does Nucor pay?
Nucor paid $1.62 in 2024, $2.07 in 2023, $2.01 in 2022, $1.715 in 2021, and $1.613 in 2020.
How often does Nucor pay dividends?
Nucor typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Nucor's dividend yield?
The current dividend yield for Nucor is 1.4%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Nucor's exact dividend yield.
When does Nucor go ex dividend?
Nucor's ex-dividend date for the latest dividend was on 2024-09-27. Nucor typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Nucor dividend paid?
Nucor pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Nucor increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Nucor will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Nucor dividend per share?
Nucor paid $1.62 per share in 2024 and $2.07 per share in 2023. The amount of dividend per share that Nucor pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Nucor a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nucor a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nucor a dividend stock?
Yes, Nucor is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nucor a good dividend stock?
Whether Nucor is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nucor has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nucor as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Nucor as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Nucor pay dividends monthly?
Nucor typically pays dividends on a quarterly basis.
Does Nucor pay dividends quarterly?
Nucor currently pays dividends on a quarterly basis.
Has Nucor ever paid a dividend?
Yes, Nucor has a history of paying dividends to its shareholders. Nucor is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nucor dividend stocks?
To buy Nucor you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Nucor stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Nucor stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Nucor pay dividends 2024?
Nucor pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Nucor increase its dividend in 2024?
Decisions regarding Nucor dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Nucor dividend overview you can look into the above table of dividend history.
How Nucor dividend works?
The Nucor dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Nucor's dividend process works:
1. Determination of Dividend: Nucor's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nucor publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nucor distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nucor are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Nucor's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nucor publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nucor distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nucor are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Nucor dividends paid?
Nucor dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nucor sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nucor distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nucor declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Nucor sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nucor distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nucor declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Nucor pay dividends?
Nucor typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Nucor pay dividends?
The general pattern is that Nucor pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nucor dividend safe?
The safety of Nucor's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Nucor's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nucor's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Nucor's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nucor's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.