Steel Dynamics Dividend
Dividend criteria checks 4/6
Steel Dynamics is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
12%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$15.18 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Steel Dynamics (NASDAQ:STLD) Has Announced That It Will Be Increasing Its Dividend To $0.46
Mar 15Are Steel Dynamics, Inc. (NASDAQ:STLD) Investors Paying Above The Intrinsic Value?
Mar 08Lacklustre Performance Is Driving Steel Dynamics, Inc.'s (NASDAQ:STLD) Low P/E
Feb 09Steel Dynamics: The Aluminum Business May Be Tougher Than The Steel One
Jan 26Capital Investments At Steel Dynamics (NASDAQ:STLD) Point To A Promising Future
Jan 08Is Steel Dynamics (NASDAQ:STLD) Using Too Much Debt?
Dec 20Steel Dynamics (NASDAQ:STLD) Could Become A Multi-Bagger
May 27Here's Why Steel Dynamics (NASDAQ:STLD) Can Manage Its Debt Responsibly
Apr 10Investors Should Be Encouraged By Steel Dynamics' (NASDAQ:STLD) Returns On Capital
Feb 22Do Steel Dynamics' (NASDAQ:STLD) Earnings Warrant Your Attention?
Jan 11Here's Why Steel Dynamics (NASDAQ:STLD) Can Manage Its Debt Responsibly
Dec 29Steel Dynamics (NASDAQ:STLD) Could Become A Multi-Bagger
Nov 19Steel Dynamics Q3 2022 Earnings Preview
Oct 18Steel Dynamics: Long, Even With Relaxed Steel Prices
Oct 10Steel Dynamics: Competitive Energy Price Advantage For Foreseeable Future
Sep 29If EPS Growth Is Important To You, Steel Dynamics (NASDAQ:STLD) Presents An Opportunity
Sep 19Steel Dynamics rises as Q3 profit outlook beats estimates
Sep 15Steel Dynamics (NASDAQ:STLD) Seems To Use Debt Quite Sensibly
Sep 05Steel Dynamics declares $0.34 dividend
Aug 22Steel Dynamics, Inc. (NASDAQ:STLD) Shares Could Be 35% Below Their Intrinsic Value Estimate
Aug 09Steel Dynamics: Q2 Earnings, Combined Annualized Yield Of 16%
Jul 21Steel Dynamics: Reporting All-Time Record Results, Get A 12% Return
Jun 28Does Steel Dynamics (NASDAQ:STLD) Deserve A Spot On Your Watchlist?
Jun 20Is Steel Dynamics (NASDAQ:STLD) Using Too Much Debt?
May 29Stability 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) | 1.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (STLD) | 1.4% |
Notable Dividend: STLD's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: STLD's dividend (1.38%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.8%), STLD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.8%), STLD's dividend payments are well covered by cash flows.