Steel Dynamics Dividends and Buybacks
Dividend criteria checks 4/6
Steel Dynamics is a dividend paying company with a current yield of 1.31% that is well covered by earnings. Next payment date is on 10th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
1.3%
Dividend yield
6.1%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | -4.3% |
| Next dividend pay date | 10 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | Mex$1.840 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STLD *'s dividends per share have been stable in the past 10 years.
Growing Dividend: STLD *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Steel Dynamics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STLD *) | 1.3% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.0% |
| Industry Average (Metals and Mining) | 7.6% |
| Analyst forecast (STLD *) (up to 3 years) | 1.4% |
Notable Dividend: STLD *'s dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.58%).
High Dividend: STLD *'s dividend (1.31%) is low compared to the top 25% of dividend payers in the MX market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.2%), STLD *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), STLD *'s dividend payments are covered by cash flows.