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STLD Steel Dynamics dividend history, payout ratio & dates

Steel Dynamics's last quarterly dividend of $0.34 per share was on Sep 29, 2022 (ex-date). The annualized dividend payment of $1.28 per share represents a current dividend yield of 1.7%.

Key dates

  • STLD last dividend date: Sep 29, 2022
  • STLD next dividend date: Not announced
STLD dividend stats
DPS
$1.28
Dividend yield
1.64%
Payout ratio
5.7%
vs. Basic Materials sector
Dividend yield
2.17%
Payout ratio
26.9%

Dividend yield

What is Steel Dynamics current dividend yield

Steel Dynamics's dividend yield of 1.7% is above the industry average but below the Basic Materials sector and its peers average. If we compare it with its Basic Materials sector average of 2.17%, Steel Dynamics's dividend yield is 22% lower. The current dividend yield is less than the historical average of 2.3% of the last 5 years.

Dividend history

What is STLD dividend payout history and dates

Steel Dynamics has a history of paying dividends since 2004. Our records of STLD show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 24% for the last twelve months. But with the stock price up by 29% from a year ago, the dividend yield has decreased by 3.8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 29, 2022 Oct 14, 2022 Aug 22, 2022 $0.34 normal
Jun 29, 2022 Jul 15, 2022 May 6, 2022 $0.34 normal
Mar 30, 2022 Apr 15, 2022 Feb 28, 2022 $0.34 normal
Dec 30, 2021 Jan 14, 2022 Nov 19, 2021 $0.26 normal
Sep 29, 2021 Oct 15, 2021 Aug 20, 2021 $0.26 normal
Jun 29, 2021 Jul 16, 2021 May 20, 2021 $0.26 normal
Mar 30, 2021 Apr 16, 2021 Feb 26, 2021 $0.26 normal
Dec 30, 2020 Jan 15, 2021 Nov 19, 2020 $0.25 normal
Sep 29, 2020 Oct 16, 2020 Aug 21, 2020 $0.25 normal
Jun 29, 2020 Jul 10, 2020 May 22, 2020 $0.25 normal
Mar 30, 2020 Apr 10, 2020 Feb 26, 2020 $0.25 normal
Dec 30, 2019 Jan 10, 2020 Nov 22, 2019 $0.24 normal
Sep 27, 2019 Oct 11, 2019 Aug 26, 2019 $0.24 normal
Jun 27, 2019 Jul 12, 2019 May 17, 2019 $0.24 normal
Mar 28, 2019 Apr 12, 2019 Feb 14, 2019 $0.24 normal
Dec 28, 2018 Jan 11, 2019 Nov 19, 2018 $0.188 normal
Sep 27, 2018 Oct 12, 2018 Aug 20, 2018 $0.188 normal
Jun 28, 2018 Jul 13, 2018 Jun 12, 2018 $0.188 normal
Mar 28, 2018 Apr 13, 2018 Feb 20, 2018 $0.188 normal
Dec 28, 2017 Jan 10, 2018 Nov 21, 2017 $0.155 normal
Sep 28, 2017 Oct 12, 2017 Sep 1, 2017 $0.155 normal
Jun 28, 2017 Jul 7, 2017 Jun 1, 2017 $0.155 normal
Mar 29, 2017 Apr 10, 2017 Mar 1, 2017 $0.155 normal
Dec 28, 2016 Jan 13, 2017 Jan 12, 2016 $0.14 normal
Sep 28, 2016 Oct 14, 2016 Sep 19, 2016 $0.14 normal
Jun 28, 2016 Jul 14, 2016 Jun 1, 2016 $0.14 normal
Mar 29, 2016 Apr 8, 2016 Mar 1, 2016 $0.14 normal
Dec 29, 2015 Jan 11, 2016 Dec 1, 2015 $0.138 normal

Steel Dynamics dividend payout ratio

What is Steel Dynamics dividend payout ratio compared to the sector

Payout ratio

Steel Dynamics's payout ratio of 5.7% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 26.9%, Steel Dynamics's payout ratio is 79% lower.

Total amount of dividends paid per financial year (from cash flow)

STLD dividend vs peer dividends

How does STLD dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WOR Worthington Industries Inc 2.55% $1.15 15.1%
SCHN Schnitzer Steel Industries Inc 2.31% $0.75 10.5%
CRS Carpenter Technology Corp 2.23% $0.8 N/A
NUE Nucor Corp 1.68% $2 6.1%
STLD Steel Dynamics Inc 1.64% $1.28 5.7%
CMC COMMERCIAL METALS Co 1.43% $0.56 6.3%
X United States Steel Corp 0.98% $0.2 1.1%

Frequently asked questions

Does Steel Dynamics pay a dividend?

Yes, Steel Dynamics has been paying dividends for the last 18 years.

When is Steel Dynamics's next dividend?

At this point we don't have a record of STLD's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.

When was STLD's last dividend?

Steel Dynamics's last dividend ex-date was on Sep 29, 2022. The dividend amount was $0.34 per share.

How much dividend does Steel Dynamics pay (per share)?

STLD's annualized dividend per share is $1.28.

What is Steel Dynamics's dividend yield?

The current dividend yield of Steel Dynamics is 1.7%.

How often does Steel Dynamics pay dividends?

Steel Dynamics pays four dividends per year.

What is Steel Dynamics's dividend payout ratio?

Steel Dynamics's dividend payout ratio is 5.7%.

Does Steel Dynamics pay a good dividend?

Steel Dynamics's dividend yield is less than the Basic Materials sector average.