Nucor Corporation (NUE) Dividends

Nucor Corporation (NUE): $79.06

0.78 (+1.00%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Steel


Ranked

of 34

in industry

Dividend Yield and Dividend History Highlights

  • Over the past 6 years of historical data, NUE has returned more capital to shareholders through its dividend issuances than 85.42% of other dividend-paying US stocks.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with NUE that may be suitable potential portfolio mates: CLI, ARE, HMG, CBD and OGS.
NUE Ex-Dividend Date
NUE Dividend Yield
2.02%
NUE Annual Dividend
$1.62
NUE Payout Ratio

NUE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$79.06$41.54 -24.17%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of NUE, the dividend discount model StockNews created for the company implies a negative return of 24.17%. To help understand and contextualize the model's evaluation of NUE, investors may wish to consider are:

  • As for its position relative to other Basic Materials stocks that issue dividends, NUE provides shareholders with a dividend yield greater than 77.31% such stocks.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Basic Materials sector, the expected return of -24.17%, based on the stock's current share price and target price based on a dividend discount model, is greater than 68.91% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, NUE has a discount rate lower than 68.91% of them (a lower discount rate is associated with lower risk).
  • Based on dividend growth rate, NUE boasts a higher growth rate in terms of its annual cash distributed to its owners than only 21.97% of the dividend issuers in our set.

NUE Dividend Chart


NUE Dividend History

Ex-Dividend Date Type Payout Amount Change
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NUE Dividends vs. Peers

NUE's dividend yield currently ranks #8 of 42 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 MSB Mesabi Trust 5.84%
2 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 4.30%
3 APEMY Aperam S.A. 3.57%
4 TX TERNIUM S.A. ADR 3.11%
5 MITSY MITSUI & CO., LTD. 3.09%
6 ANIOY Acerinox, S.A. 2.52%
7 STLD Steel Dynamics, Inc. 2.03%
8 NUE Nucor Corporation 2.02%
9 SCHN Schnitzer Steel Industries, Inc. - 1.90%
10 RS Reliance Steel & Aluminum Co. (DE) 1.78%
11 CMC Commercial Metals Company 1.62%
12 WOR Worthington Industries, Inc. 1.50%
13 TS Tenaris S.A. American Depositary Shares 1.29%
14 GGB Gerdau S.A. 1.09%
15 FRD Friedman Industries Inc. 0.95%
16 PKX POSCO 0.48%
17 IIIN Insteel Industries, Inc. 0.38%
18 VLPNY voestalpine AG 0.35%
19 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 0.30%
20 ZEUS Olympic Steel, Inc. 0.28%
21 X United States Steel Corporation 0.18%
22 AQMS Aqua Metals, Inc. 0.00%
23 HUDI Huadi International Group Co., Ltd. 0.00%
24 AKS AK Steel Holding Corporation 0.00%
25 TMST TimkenSteel Corporation Common Shares 0.00%
26 NWPX Northwest Pipe Company 0.00%
27 SID Companhia Siderurgica Nacional S.A. 0.00%
28 OCC Optical Cable Corporation 0.00%
29 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
30 MT Arcelor Mittal NY Registry Shares NEW 0.00%
31 ZKIN ZK International Group Co., Ltd. 0.00%
32 MTL Mechel PAO American Depositary Shares (Each rep. 1 common shares) 0.00%
33 NPSCY Nippon Steel Corporation 0.00%
34 OSN Ossen Innovation Co., Ltd. 0.00%
35 TKAMY thyssenkrupp AG 0.00%
36 USAP Universal Stainless & Alloy Products, Inc. 0.00%
37 UAMY United States Antimony Corporation 0.00%
38 SYNL Synalloy Corporation 0.00%
39 STZHF Stelco Holdings Inc. 0.00%
40 SVJTY Severstal PJSC 0.00%
41 TATLY Tata Steel Ltd. 0.00%
42 BLSFY BlueScope Steel Limited 0.00%

Looking for More Information on NUE dividends?

Here are a few links from around the web to help you further your research on Nucor Corp and its dividends:

Nucor Corp Common Stock (NUE) Dividend History | Nasdaq
Dividend History for Nucor Corp (NUE) - Dividend Investor
Nucor Corp (NUE) Dividend History - Seeking Alpha


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