STEEL DYNAMICS INC Raises Q1 Dividend by 6%

By Chris Stiles • Monday, February 23 10:16 • Permanent Link

Steel Dynamics, Inc. (NASDAQ/GS: STLD) has announced a 6% increase in its first quarter cash dividend compared to the previous year. The company's board of directors declared a dividend of $0.53 per common share, payable to shareholders of record at the close of business on March 31, 2026. This represents a significant increase over the 2025 quarterly rate.

Mark D. Millett, the Chairman and CEO of Steel Dynamics, expressed confidence in the company's cash generation capabilities and highlighted the consistent increase in cash dividends in alignment with growth initiatives. This move reflects the strength of the company's capital structure and liquidity profile, as well as its commitment to maintaining an investment-grade credit rating.

Steel Dynamics is a leading industrial metals solutions company, operating with a circular manufacturing model and producing quality products with recycled scrap as the primary input. The company is one of the largest domestic steel producers and metal recyclers in North America, with facilities in the United States and Mexico. Additionally, Steel Dynamics has expanded its product offerings to include aluminum operations, supplying aluminum flat rolled products with higher recycled content to various industries.

This announcement underscores the company's commitment to maintaining its position as a safe, efficient producer of high-quality, value-added metal products while pursuing strategic growth opportunities. Following these announcements, the company's shares moved -0.87%, and are now trading at a price of $173.58. For the full picture, make sure to review STEEL DYNAMICS INC's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.