dividend
confidence high
sentiment positive
materiality 0.75
Steel Dynamics raises Q1 2025 dividend by 9% to $0.50/share and authorizes $1.5B buyback
STEEL DYNAMICS INC
- Quarterly cash dividend increased 9% to $0.50 per share; payable April 11, 2025 to holders of record March 31, 2025.
- Board authorized additional $1.5 billion share repurchase program, additive to prior $1.5B program with $194M remaining.
- Since 2017, company has repurchased $6.7B of common stock (41% of shares) and paid $1.7B in dividends through Dec 31, 2024.
- Company invested $7.1B in capital and acquisitions over last five years, achieving 24% after-tax ROIC.