Nucor (NUE) Dividend Payout Ratio : 0.16 (As of Mar. 2024)

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What is Nucor Dividend Payout Ratio?

Nucor's dividend payout ratio for the months ended in Mar. 2024 was 0.16.

The historical rank and industry rank for Nucor's Dividend Payout Ratio or its related term are showing as below:

NUE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.37 Max: 1.74
Current: 0.12

During the past 13 years, the highest Dividend Payout Ratio of Nucor was 1.74. The lowest was 0.07. And the median was 0.37.

NUE's Dividend Payout Ratio is ranked better than
81.85% of 303 companies
in the Steel industry
Industry Median: 0.29 vs NUE: 0.12

As of today (2024-04-26), the Dividend Yield % of Nucor is 1.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nucor was 5.23%. The lowest was 1.04%. And the median was 2.72%.

Nucor's Dividends per Share for the months ended in Mar. 2024 was $0.54.

During the past 12 months, Nucor's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nucor was 84.20% per year. The lowest was -1.30% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Nucor Dividend Payout Ratio Historical Data

The historical data trend for Nucor's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nucor Dividend Payout Ratio Chart

Nucor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.37

0.42

0.07

0.12

Nucor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.12	0.09	0.11	0.17	0.16

Competitive Comparison of Nucor's Dividend Payout Ratio

For the Steel subindustry, Nucor's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nucor's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nucor's Dividend Payout Ratio falls into.

Nucor Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nucor's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.07	/	18
	=	0.12

Nucor's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.54	/	3.46
	=	0.16

Nucor (NYSE:NUE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nucor Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nucor's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nucor (NUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (NYSE:NUE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NUE:Mexico NUO:Germany NUO:Germany N1UE34:Brazil NUE:Argentina

Address

1915 Rexford Road, Charlotte, NC, USA, 28211

Website

https://www.nucor.com

Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Executives

Douglas J Jellison	officer: Executive Vice President	1915 REXFORD RD, CHARLOTTE NC 28211
Nicholas C Gangestad	director	3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
D. Chad Utermark	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
Michael D Keller	officer: General Mgr. and Corp. Contro	1915 REXFORD ROAD, CHARLOTTE NC 28211
Allen C Behr	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
David A Sumoski	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
Gregory J Murphy	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
Leon J Topalian	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
Daniel R. Needham	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
State Farm Mutual Automobile Insurance Co	10 percent owner	ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Noah C Hanners	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
Kenneth Rex Query	officer: Executive Vice President	2100 REXFORD RD, CHARLOTTE NC 28211
John J Hollatz	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211
Stephen D Laxton	officer: CFO, Treasurer and EVP	1915 REXFORD ROAD, CHARLOTTE NC 28211
Bradley Ford	officer: Executive Vice President	1915 REXFORD ROAD, CHARLOTTE NC 28211