Steel Dynamics dividend calculator – Steel Dynamics Announces Generous Dividend of US$0.42 Per Share

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Steel Dynamics ($NASDAQ:STLD), Inc. has announced a generous upcoming dividend of US$0.42 per share. This is great news for investors of the company and an excellent reason to consider investing in Steel Dynamics. Steel Dynamics is an American steel producer and metals recycler. Steel Dynamics produces a wide range of steel products, including hot-rolled, cold-rolled, galvanized, and structural steel as well as engineered bar products and specialty steel operations.

Steel Dynamics also recycles metal scrap into new steel products. With its sound financials, innovative metal processing capabilities, and consistent dividend policy, Steel Dynamics is an attractive option for investors seeking a reliable metal production and metal recycling stock.

Dividends – Steel Dynamics dividend calculator

This is a significant increase on the company’s previous dividend of US$1.36 per share, which it has paid out for the past three years. This indicates that Steel Dynamics is committed to rewarding its shareholders and encouraging further investment in the company. In addition, the new dividend should provide a stable source of income for shareholders. It is also a reflection of the company’s financial stability, which has enabled it to make this generous dividend announcement.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Steel Dynamics. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Steel Dynamics. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Steel Dynamics. More…

Key Ratios Snapshot

Some of the financial key ratios for Steel Dynamics are shown below. More…

Stock Price

Steel Dynamics Inc. (NASDAQ: STLD) announced on Monday that it will be paying a generous dividend of $0.42 per share to its shareholders. This marks the sixth consecutive quarterly dividend paid by the company, further demonstrating its commitment to returning value to investors. Steel Dynamics is a leading producer of steel products in the U.S., providing a comprehensive range of materials for many industries including automotive, construction, energy, and agriculture. Live Quote…

Analysis

At GoodWhale, we recently conducted an analysis of STEEL DYNAMICS‘s wellbeing. Our Risk Rating for this company was low, meaning that it is a generally safe investment in terms of financial and business aspects. We did, however, detect one risk warning in their balance sheet. This can be checked out on goodwhale.com if you register. More…

Peers

The steel industry is extremely competitive, with Steel Dynamics Inc. facing stiff competition from BCH JSC, KG Dongbusteel, Kalyani Steels Ltd, and other companies. Steel Dynamics Inc. has remained a strong competitor by investing in new technologies and expanding its production capabilities. The company has also been able to keep its costs low by utilizing its large scale and efficient operations.

– BCH JSC ($HNX:BCA)

Dongbu Steel is one of the largest steel manufacturers in South Korea. The company has a market cap of 895.02B as of 2022 and a return on equity of 17.61%. Dongbu Steel produces a wide range of steel products including hot and cold rolled steel, galvanized steel, stainless steel, and more. The company also has a large presence in the global market, with plants and offices in countries such as the United States, China, and India.

– KG Dongbusteel ($KOSE:016380)

Kalyani Steels Ltd is an Indian steel company with a market cap of 13.05 billion as of 2022. The company has a return on equity of 11.27%. The company produces a range of steel products including rebars, wire rods, and merchant products. The company has a strong presence in the Indian market and is expanding its operations in the international market.

Summary

Steel Dynamics, Inc (NASDAQ: STLD) is a leading North American producer of steel with strong performance in the markets. The company’s stock is expected to be attractive to investors due to its upcoming dividend of US$0.42 per share. Analysts expect long-term growth potential and potential upside potential, making Steel Dynamics an attractive stock to consider for investing.