Nucor Hikes Quarterly Dividend, Raises Payout for 52 Straight Years
NUENucor(NUE) ZACKS·2024-12-12 20:11

Nucor Corporation (NUE) has announced an increase in its regular quarterly cash dividend on its common stock to 55 cents per share from 54 cents. This cash dividend, payable Feb. 11, 2025, to stockholders of record as of Dec. 31, 2024, is Nucor's 207th consecutive quarterly cash dividend. Since commencing dividends in 1973, the company has increased its regular or base dividend for 52 years in a row.NUE ended the third quarter with cash and cash equivalents of $4,262.8 million. The company repurchased aroun ...