Steel Dynamics Dividends and Buybacks
Dividend criteria checks 5/6
Steel Dynamics is a dividend paying company with a current yield of 1.58% 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
1.6%
Dividend yield
7.2%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -4.2% |
| Next dividend pay date | 10 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$1.840 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Is Steel Dynamics (NASDAQ:STLD) Using Too Much Debt?
Dec 18
Benign Growth For Steel Dynamics, Inc. (NASDAQ:STLD) Underpins Its Share Price
Nov 07Shareholders Are Optimistic That Steel Dynamics (NASDAQ:STLD) Will Multiply In Value
Oct 04Steel Dynamics (NASDAQ:STLD) Seems To Use Debt Quite Sensibly
Sep 16Steel Dynamics, Inc. (NASDAQ:STLD) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 06Capital Investments At Steel Dynamics (NASDAQ:STLD) Point To A Promising Future
Jun 30Steel Dynamics, Inc. (NASDAQ:STLD) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jun 14Here's Why Steel Dynamics (NASDAQ:STLD) Can Manage Its Debt Responsibly
May 14Steel 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 20Upcoming 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) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (STLD) (up to 3 years) | 1.7% |
Notable Dividend: STLD's dividend (1.58%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: STLD's dividend (1.58%) is low compared to the top 25% of dividend payers in the US market (4.53%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 05:04 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Steel Dynamics, Inc. is covered by 41 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| David Gagliano | Barclays |
| Katja Jancic | BMO Capital Markets Equity Research |