Steel Dynamics Stock Dividends
STLD pays dividends quarterly. Last paid amount was $0.460 at Apr 14, 2024. As of today, dividend yield (TTM) is 2.17%.
Dividend Yield Range
AI Analysis of STLD
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.17% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 8.24% |
| Payout Ratio | 0 |
| Amount Per Share | $0.460 |
| Next Ex-Dividend Date | Jun 30, 2024 |
| Next Payment Date | Jul 12, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from STLD the purchase should be done within the next 41 days.
Here's a simple guide on how to buy STLD stock.
STLD Dividend Payout History
To ensure a understanding of STLD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 71 | Aug 30, 2007 | Sep 26, 2007 | Oct 12, 2007 | $0.0750 | 0.326% |
| 72 | Jun 19, 2007 | Jun 27, 2007 | Jul 13, 2007 | $0.0750 | 0.313% |
| 73 | Mar 08, 2007 | Mar 28, 2007 | Apr 13, 2007 | $0.0750 | 0.335% |
| 74 | Dec 21, 2006 | Dec 28, 2006 | Jan 15, 2007 | $0.0750 | 0.454% |
| 75 | Sep 18, 2006 | Sep 27, 2006 | Oct 10, 2006 | $0.0750 | 0.535% |
| 76 | Jun 20, 2006 | Jun 28, 2006 | Jul 14, 2006 | $0.0500 | 0.333% |
| 77 | Mar 02, 2006 | Mar 29, 2006 | Apr 14, 2006 | $0.0500 | 0.344% |
| 78 | Nov 17, 2005 | Dec 28, 2005 | Jan 13, 2006 | $0.0250 | 0.274% |
| 79 | Aug 19, 2005 | Sep 28, 2005 | Oct 14, 2005 | $0.0250 | 0.359% |
| 80 | May 19, 2005 | Jun 28, 2005 | Jul 12, 2005 | $0.0250 | 0.333% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
STLD Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from STLD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in STLD stock here.
Comparing STLD to Sector and Country
STLD pays a solid dividend yield of 2.17%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.791%). STLD’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the US market (7.42%), which means that there are more attractive dividend stocks to consider.
STLD Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Pan American Silver Corp. | 7.477B | $0.100 | 2.38% | -96.56% | |
| Steel Dynamics | 21.205B | $0.460 | 2.17% | 11.70% | |
| Innospec Inc. | 3.25B | $0.720 | 1.98% | 12.15% | |
| SSR Mining Inc | 1.093B | $0.0700 | 1.77% | -14.21% | |
| Methanex Corporation | 3.611B | $0.185 | 1.66% | 29.86% | |
| WD-40 Company | 3.236B | $0.88 | 1.48% | 67.01% | |
| Royal Gold, Inc. | 8.522B | $0.400 | 1.32% | 41.17% | |
| Universal Forest Products | 7.378B | $0.330 | 1.10% | 14.34% | |
| Balchem Corporation | 5.053B | $0.400 | 0.794% | 22.26% |
