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Steel Dynamics (Steel Dynamics) Dividend Yield %

: 1.27% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Steel Dynamics is 1.27%.

Warning Sign:

Steel Dynamics Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for Steel Dynamics's Dividend Yield % or its related term are showing as below:

STLD' s Dividend Yield % Range Over the Past 10 Years
Min: 1   Med: 2.03   Max: 5.1
Current: 1.27

During the past 13 years, the highest Dividend Yield of Steel Dynamics was 5.10%. The lowest was 1.00%. And the median was 2.03%.

STLD's Dividend Yield % is ranked worse than
72.83% of 357 companies
in the Steel industry
Industry Median: 2.77 vs STLD: 1.27

Steel Dynamics's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.16.

During the past 13 years, the highest Dividend Payout Ratio of Steel Dynamics was 1.05. The lowest was 0.07. And the median was 0.24.

As of today (2024-04-23), the Forward Dividend Yield % of Steel Dynamics is 1.37%.

Steel Dynamics's Dividends per Share for the three months ended in Dec. 2023 was $0.43.

During the past 12 months, Steel Dynamics's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Steel Dynamics was 58.70% per year. The lowest was 4.80% per year. And the median was 12.95% per year.

The growth rate is calculated with least square regression.

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


Steel Dynamics Dividend Yield % Historical Data

The historical data trend for Steel Dynamics's Dividend Yield % 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.

Steel Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 2.71 1.68 1.38 1.44

Steel Dynamics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.28 1.40 1.51 1.44

Competitive Comparison

For the Steel subindustry, Steel Dynamics's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Steel Dynamics Dividend Yield % Distribution

For the Steel industry and Basic Materials sector, Steel Dynamics's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Steel Dynamics's Dividend Yield % falls into.



Steel Dynamics Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Steel Dynamics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4602024-03-272024-03-312024-04-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.4252023-12-282023-12-312024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4252023-09-282023-09-302023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4252023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Steel Dynamics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.735/134.16
=1.29 %

Current Share Price is $134.16.
Steel Dynamics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.735.

Steel Dynamics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.84/134.16
=1.37 %

Current Share Price is $134.16.
Steel Dynamics's Dividends per Share for the forward twelve months is calculated as $0.46 * 4 = $1.84.

* 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.


Steel Dynamics  (NAS:STLD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Steel Dynamics Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Steel Dynamics's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Dynamics (Steel Dynamics) Business Description

Traded in Other Exchanges
Address
7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, and steel fabrication operations. It generates maximum revenue from the steel operations segment.
Executives
Glenn Pushis officer: Senior Vice President 4500 COUNTY ROAD 59, BUTLER IN 46721
James C Marcuccilli director 127 W BERRY ST, FORT WAYNE IN 46802
Bradley S Seaman director 161 SHAWFORD WAY, LAKE FOREST IL 60045
Richard A Poinsatte officer: Senior Vice President 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
Jennifer L Hamann director 1400 DOUGLAS STREET, OMAHA NE 68130
Christopher A Graham officer: Vice President 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Gabriel Shaheen director 1540 PARILLA CIRCLE, TRINITY FL 34655
Keith E Busse director 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
James Stanley Anderson officer: Senior Vice President 203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802
Luis Manuel Sierra director 1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108
Miguel Alvarez officer: Senior Vice President 7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804
Mark D Millett director, officer: President and CEO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Theresa E Wagler officer: Executive Vice President & CFO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Russell B Rinn officer: Executive Vice President 7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804
Kenneth W. Cornew director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603