dividend
confidence high
sentiment positive
materiality 0.60
Steel Dynamics increases quarterly dividend 8% to $0.46 per share
STEEL DYNAMICS INC
- Board declared Q1 2024 cash dividend of $0.46 per common share, an 8% increase over the prior quarterly rate.
- Dividend payable on or about April 14, 2024 to shareholders of record at close of business on March 31, 2024.
- CEO Mark Millett cited confidence in cash flow generation and strong financial position as basis for the raise.
- Company has consistently grown cash dividend in alignment with structural growth initiatives.