Nucor Corporation Common Stock (NUE): Dividend Updates and Analysis
Stay Informed on Nucor's Dividends
Regular Quarterly Dividend Declaration
The Board of Directors of Nucor Corporation (NYSE: NUE) recently announced the declaration of a regular quarterly cash dividend of $0.19139 per common share. This dividend is scheduled to be paid on August 15, 2023, to shareholders of record as of July 15, 2023.
Dividend History and Yield
Nucor has a strong track record of paying dividends to its shareholders. The company has been paying regular dividends since 1989, and its annual dividend has increased significantly over the years. Currently, Nucor pays an annual dividend of $2.16 per share, which translates to a forward yield of 1.25%.
Dividend Payment Frequency
Nucor's dividends are paid every three months. The company's fiscal year ends on December 31, and the dividend payments are typically made in March, June, September, and December.
Conclusion
Nucor Corporation's dividend policy reflects the company's commitment to providing shareholders with a consistent and reliable source of income. The company's strong financial performance and track record of dividend payments make it an attractive option for investors seeking dividend-paying stocks. Investors should continue to monitor Nucor's dividend updates to stay informed about potential changes in the dividend payout or yield.
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