Steel Dynamics Inc. (STLD) Dividends

Steel Dynamics Inc. (STLD): $134.28

0.94 (+0.70%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

B

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Industry: Steel

Industry

A

Ranked

#21 of 30

in industry

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 Ex-Dividend Date
STLD Dividend Yield
1.38%
STLD Annual Dividend
$1.84
STLD Payout Ratio

STLD Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$134.28$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
2024-03-27Dividend$0.46+8.24%
2023-12-28Dividend$0.43--
2023-09-28Dividend$0.43--
2023-06-29Dividend$0.43--
2023-03-30Dividend$0.43+25.00%
2022-12-30Dividend$0.34--
2022-09-29Dividend$0.34--
2022-06-29Dividend$0.34--
2022-03-30Dividend$0.34+30.77%
2021-12-30Dividend$0.26--
2021-09-29Dividend$0.26--
2021-06-29Dividend$0.26--
2021-03-30Dividend$0.26+4.00%
2020-12-30Dividend$0.25--
2020-09-29Dividend$0.25--
2020-06-29Dividend$0.25--
2020-03-30Dividend$0.25+4.17%
2019-12-30Dividend$0.24--
2019-09-27Dividend$0.24--
2019-06-27Dividend$0.24--
2019-03-28Dividend$0.24+27.66%
2018-12-28Dividend$0.19--
2018-09-27Dividend$0.19--
2018-06-28Dividend$0.19--
2018-03-28Dividend$0.19+21.29%
2017-12-28Dividend$0.16--
2017-09-28Dividend$0.16--
2017-06-28Dividend$0.16--
2017-03-29Dividend$0.16+10.71%
2016-12-28Dividend$0.14--
2016-09-28Dividend$0.14--
2016-06-28Dividend$0.14--
2016-03-29Dividend$0.14+1.45%
2015-12-29Dividend$0.14--
2015-09-28Dividend$0.14+0.36%
2015-06-26Dividend$0.14--
2015-03-27Dividend$0.14+19.57%
2014-12-29Dividend$0.12--
2014-09-26Dividend$0.12--
2014-06-26Dividend$0.12--
2014-03-27Dividend$0.12+4.55%
2013-12-27Dividend$0.11--
2013-09-26Dividend$0.11--
2013-06-26Dividend$0.11--
2013-03-26Dividend$0.11+10.00%
2012-12-27Dividend$0.10--
2012-09-26Dividend$0.10--
2012-06-27Dividend$0.10--
2012-03-28Dividend$0.10--
2011-12-28Dividend$0.10--
2011-09-28Dividend$0.10--
2011-06-28Dividend$0.10--
2011-03-29Dividend$0.10+33.33%
2010-12-29Dividend$0.08--
2010-09-28Dividend$0.08--
2010-06-28Dividend$0.08--
2010-03-29Dividend$0.08--
2009-12-29Dividend$0.08--
2009-09-28Dividend$0.08--
2009-06-26Dividend$0.08-25.00%
2009-03-27Dividend$0.10--
2008-12-29Dividend$0.10--
2008-09-26Dividend$0.10--
2008-06-26Dividend$0.10--
2008-03-31Split2-1-for-1 Stock SplitN/A
2008-03-27Dividend$0.20+33.33%
2007-12-27Dividend$0.15--
2007-09-26Dividend$0.15--
2007-06-27Dividend$0.15--
2007-03-28Dividend$0.15--
2006-12-28Dividend$0.15--
2006-11-21Split2-1-for-1 Stock SplitN/A
2006-09-27Dividend$0.30+50.00%
2006-06-28Dividend$0.20--
2006-03-29Dividend$0.20+100.00%
2005-12-28Dividend$0.10--
2005-09-28Dividend$0.10--
2005-06-28Dividend$0.10--
2005-03-29Dividend$0.10--
2004-12-29Dividend$0.10+33.33%
2004-09-28Dividend$0.08--
2004-07-22Dividend$0.08--


STLD Dividends vs. Peers

STLD's dividend yield currently ranks #40 of 46 vs. its peers in the Steel category.
Rank Symbol Name Dividend Yield
1 ASTL Algoma Steel Group Inc. 0.00%
2 PKX POSCO Holdings Inc. ADR 0.00%
3 SCHN Schnitzer Steel Industries, Inc. - 0.00%
4 MITSY Mitsui & Co. Ltd. ADR 0.00%
5 SSAAY SSAB AB ADR 0.00%
6 AQMS Aqua Metals, Inc. 0.00%
7 STZHF Stelco Holdings Inc. 0.00%
8 HUDI Huadi International Group Co., Ltd. 0.00%
9 IIIN Insteel Industries, Inc. 0.00%
10 SVJTY Severstal PJSC 0.00%
11 CLF Cleveland-Cliffs Inc. 0.00%
12 TATLY Tata Steel Ltd. 0.00%
13 AKS AK Steel Holding Corporation 0.00%
14 CMC Commercial Metals Company 0.00%
15 TMST TimkenSteel Corp. 0.00%
16 NWPX Northwest Pipe Company 0.00%
17 SID Companhia Siderurgica Nacional S.A. 0.00%
18 SIM Grupo Simec, S.A.B. de C.V. American Depositary Shares 0.00%
19 NUE Nucor Corp. 0.00%
20 WOR Worthington Industries, Inc. 0.00%
21 OCC Optical Cable Corporation 0.00%
22 ANIOY Acerinox, S.A. 0.00%
23 APWC Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share 0.00%
24 APEMY Aperam S.A. 0.00%
25 MSB Mesabi Trust 0.00%
26 TS Tenaris S.A. ADR 0.00%
27 FRD Friedman Industries Inc. 0.00%
28 MT ArcelorMittal ADR 0.00%
29 X United States Steel Corporation 0.00%
30 ZKIN ZK International Group Co., Ltd. 0.00%
31 ZEUS Olympic Steel, Inc. 0.00%
32 MTL Mechel PAO ADR 0.00%
33 NPSCY Nippon Steel Corporation (Nippon Seitetsu kabushiki gaisha) 0.00%
34 TX TERNIUM S.A. ADR 0.00%
35 OSN Ossen Innovation Co., Ltd. 0.00%
36 TKAMY thyssenkrupp AG 0.00%
37 GGB Gerdau S.A. 0.00%
38 VLPNY voestalpine AG 0.00%
39 USAP Universal Stainless & Alloy Products, Inc. 0.00%
40 STLD Steel Dynamics Inc. 0.00%
41 RUSMF Russel Metals Inc. 0.00%
42 USNZY Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) 0.00%
43 RS Reliance Steel & Aluminum Co. 0.00%
44 UAMY United States Antimony Corporation 0.00%
45 BLSFY BlueScope Steel Limited 0.00%
46 SYNL Synalloy Corporation 0.00%

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

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