Steel Dynamics Inc. (STLD) Dividends
Dividend Yield and Dividend History Highlights
- If you're seeking price stability while collecting dividends, note that STLD has less volatility in its price than 8.9% of US stocks in our dividend set.
- STLD is producing more trailing twelve month cash flow than 5.78% of US dividend stocks.
- As for stocks whose price is uncorrelated with STLD's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MTA, DG, GHG, STAF and SAIC.
STLD Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $144.04 | $23.02 | -73.07% |
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. As for STLD, the DDM model, as implemented by StockNews, implies a negative return of 73.07% relative to its current price. Digging deeper, the aspects of Steel Dynamics Inc's dividend discount model that we found most interesting were:
- STLD's annual revenue of 18 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, it has a discount rate lower than 86.51% of dividend issuing stocks in its revenue class.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for STLD, approximately merely 12.12% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- The stock's annual revenue of roughly $18 billion puts it in the large-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than merely 16.14% of companies in the same revenue class.
STLD Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-30 | Dividend | $0.46 | -- |
| 2024-06-28 | Dividend | $0.46 | -- |
| 2024-03-27 | Dividend | $0.46 | +8.24% |
| 2023-12-28 | Dividend | $0.43 | -- |
| 2023-09-28 | Dividend | $0.43 | -- |
| 2023-06-29 | Dividend | $0.43 | -- |
| 2023-03-30 | Dividend | $0.43 | +25.00% |
| 2022-12-30 | Dividend | $0.34 | -- |
| 2022-09-29 | Dividend | $0.34 | -- |
| 2022-06-29 | Dividend | $0.34 | -- |
| 2022-03-30 | Dividend | $0.34 | +30.77% |
| 2021-12-30 | Dividend | $0.26 | -- |
| 2021-09-29 | Dividend | $0.26 | -- |
| 2021-06-29 | Dividend | $0.26 | -- |
| 2021-03-30 | Dividend | $0.26 | +4.00% |
| 2020-12-30 | Dividend | $0.25 | -- |
| 2020-09-29 | Dividend | $0.25 | -- |
| 2020-06-29 | Dividend | $0.25 | -- |
| 2020-03-30 | Dividend | $0.25 | +4.17% |
| 2019-12-30 | Dividend | $0.24 | -- |
| 2019-09-27 | Dividend | $0.24 | -- |
| 2019-06-27 | Dividend | $0.24 | -- |
| 2019-03-28 | Dividend | $0.24 | +27.66% |
| 2018-12-28 | Dividend | $0.19 | -- |
| 2018-09-27 | Dividend | $0.19 | -- |
| 2018-06-28 | Dividend | $0.19 | -- |
| 2018-03-28 | Dividend | $0.19 | +21.29% |
| 2017-12-28 | Dividend | $0.16 | -- |
| 2017-09-28 | Dividend | $0.16 | -- |
| 2017-06-28 | Dividend | $0.16 | -- |
| 2017-03-29 | Dividend | $0.16 | +10.71% |
| 2016-12-28 | Dividend | $0.14 | -- |
| 2016-09-28 | Dividend | $0.14 | -- |
| 2016-06-28 | Dividend | $0.14 | -- |
| 2016-03-29 | Dividend | $0.14 | +1.45% |
| 2015-12-29 | Dividend | $0.14 | -- |
| 2015-09-28 | Dividend | $0.14 | +0.36% |
| 2015-06-26 | Dividend | $0.14 | -- |
| 2015-03-27 | Dividend | $0.14 | +19.57% |
| 2014-12-29 | Dividend | $0.12 | -- |
| 2014-09-26 | Dividend | $0.12 | -- |
| 2014-06-26 | Dividend | $0.12 | -- |
| 2014-03-27 | Dividend | $0.12 | +4.55% |
| 2013-12-27 | Dividend | $0.11 | -- |
| 2013-09-26 | Dividend | $0.11 | -- |
| 2013-06-26 | Dividend | $0.11 | -- |
| 2013-03-26 | Dividend | $0.11 | +10.00% |
| 2012-12-27 | Dividend | $0.10 | -- |
| 2012-09-26 | Dividend | $0.10 | -- |
| 2012-06-27 | Dividend | $0.10 | -- |
| 2012-03-28 | Dividend | $0.10 | -- |
| 2011-12-28 | Dividend | $0.10 | -- |
| 2011-09-28 | Dividend | $0.10 | -- |
| 2011-06-28 | Dividend | $0.10 | -- |
| 2011-03-29 | Dividend | $0.10 | +33.33% |
| 2010-12-29 | Dividend | $0.08 | -- |
| 2010-09-28 | Dividend | $0.08 | -- |
| 2010-06-28 | Dividend | $0.08 | -- |
| 2010-03-29 | Dividend | $0.08 | -- |
| 2009-12-29 | Dividend | $0.08 | -- |
| 2009-09-28 | Dividend | $0.08 | -- |
| 2009-06-26 | Dividend | $0.08 | -25.00% |
| 2009-03-27 | Dividend | $0.10 | -- |
| 2008-12-29 | Dividend | $0.10 | -- |
| 2008-09-26 | Dividend | $0.10 | -- |
| 2008-06-26 | Dividend | $0.10 | -- |
| 2008-03-31 | Split | 2-1-for-1 Stock Split | N/A |
| 2008-03-27 | Dividend | $0.20 | +33.33% |
| 2007-12-27 | Dividend | $0.15 | -- |
| 2007-09-26 | Dividend | $0.15 | -- |
| 2007-06-27 | Dividend | $0.15 | -- |
| 2007-03-28 | Dividend | $0.15 | -- |
| 2006-12-28 | Dividend | $0.15 | -- |
| 2006-11-21 | Split | 2-1-for-1 Stock Split | N/A |
| 2006-09-27 | Dividend | $0.30 | +50.00% |
| 2006-06-28 | Dividend | $0.20 | -- |
| 2006-03-29 | Dividend | $0.20 | +100.00% |
| 2005-12-28 | Dividend | $0.10 | -- |
| 2005-09-28 | Dividend | $0.10 | -- |
| 2005-06-28 | Dividend | $0.10 | -- |
| 2005-03-29 | Dividend | $0.10 | -- |
| 2004-12-29 | Dividend | $0.10 | +33.33% |
| 2004-09-28 | Dividend | $0.08 | -- |
| 2004-07-22 | Dividend | $0.08 | -- |
STLD Dividends vs. Peers
STLD's dividend yield currently ranks #40 of 46 vs. its peers in the Steel category.
Looking for More Information on STLD dividends?
Here are a few links from around the web to help you further your research on Steel Dynamics Inc and its dividends:Steel Dynamics Inc Common Stock (STLD) Dividend History | Nasdaq
Dividend History for Steel Dynamics Inc (STLD) - Dividend Investor
Steel Dynamics Inc (STLD) Dividend History - Seeking Alpha