STLD Steel Dynamics dividend history, payout ratio & dates
Steel Dynamics's last dividend of $0.46 per share was on Sep 30, 2024 (ex-date). The annualized dividend payment of $1.81 per share represents a current dividend yield of 1.25%.
Key dates
- STLD last dividend date: Sep 30, 2024
STLD dividend stats
vs. Basic Materials sector
Dividend yield
Steel Dynamics's dividend yield of 1.25% is above its peers average but below the Basic Materials sector and the industry average. If we compare it with its Basic Materials sector average of 2.05%, Steel Dynamics's dividend yield is 39% lower. The current dividend yield is less than the historical average of 2.0% of the last 5 years.
Dividend history
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 12% for the last twelve months. But with the stock price up by 29% from a year ago, the dividend yield has decreased by 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.46 | 1.43% |
| Jun 28, 2024 | $0.46 | 1.37% |
| Mar 27, 2024 | $0.46 | 1.18% |
| Dec 28, 2023 | $0.425 | 1.43% |
| Sep 28, 2023 | $0.425 | 1.52% |
| Jun 29, 2023 | $0.425 | 1.4% |
| Mar 30, 2023 | $0.425 | 1.3% |
| Dec 29, 2022 | $0.34 | 1.38% |
| Sep 29, 2022 | $0.34 | 1.81% |
| Jun 29, 2022 | $0.34 | 1.8% |
| Mar 30, 2022 | $0.34 | 1.34% |
| Dec 30, 2021 | $0.26 | 1.68% |
| Sep 29, 2021 | $0.26 | 1.73% |
| Jun 29, 2021 | $0.26 | 1.74% |
| Mar 30, 2021 | $0.26 | 1.97% |
| Dec 30, 2020 | $0.25 | 2.73% |
| Sep 29, 2020 | $0.25 | 3.45% |
| Jun 29, 2020 | $0.25 | 3.81% |
| Mar 30, 2020 | $0.25 | 4.44% |
| Dec 30, 2019 | $0.24 | 2.82% |
| Sep 27, 2019 | $0.24 | 3.09% |
| Jun 27, 2019 | $0.24 | 2.82% |
| Mar 28, 2019 | $0.24 | 2.31% |
| Dec 28, 2018 | $0.188 | 2.51% |
| Sep 27, 2018 | $0.188 | 1.58% |
| Jun 28, 2018 | $0.188 | 1.49% |
| Mar 28, 2018 | $0.188 | 1.53% |
| Dec 28, 2017 | $0.155 | 1.41% |
| Sep 28, 2017 | $0.155 | 1.75% |
| Jun 28, 2017 | $0.155 | 1.69% |
| Mar 29, 2017 | $0.155 | 1.67% |
| Dec 28, 2016 | $0.14 | 1.54% |
| Sep 28, 2016 | $0.14 | 2.18% |
| Jun 28, 2016 | $0.14 | 2.36% |
| Mar 29, 2016 | $0.14 | 2.45% |
| Dec 29, 2015 | $0.138 | 3.04% |
| Sep 28, 2015 | $0.138 | 3.16% |
| Jun 26, 2015 | $0.138 | 2.29% |
| Mar 27, 2015 | $0.138 | 2.47% |
Steel Dynamics dividend payout ratio
Payout ratio
Steel Dynamics's payout ratio of 16.2% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 41.8%, Steel Dynamics's payout ratio is 61% lower.
Total amount of dividends paid per financial year (from cash flow)
STLD dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WOR Worthington Industries Inc | 2.05% | $0.81 | 103.8% |
| NUE Nucor Corp | 1.44% | $2.16 | 20.8% |
| STLD Steel Dynamics Inc | 1.25% | $1.81 | 16.2% |
| CMC COMMERCIAL METALS Co | 1.16% | $0.7 | 16.7% |
| X United States Steel Corp | 0.49% | $0.2 | 11.4% |
| CRS Carpenter Technology Corp | 0.44% | $0.8 | 17.6% |
Frequently asked questions
Does Steel Dynamics pay a dividend?
Yes, Steel Dynamics has been paying dividends for the last 20 years.
When was STLD's last dividend?
Steel Dynamics's last dividend ex-date was on Sep 30, 2024. The dividend amount was $0.46 per share.
How much dividend does Steel Dynamics pay (per share)?
STLD's annualized dividend per share is $1.81.
What is Steel Dynamics's dividend yield?
The current dividend yield of Steel Dynamics is 1.25%.
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 16.2%.
Does Steel Dynamics pay a good dividend?
Steel Dynamics's dividend yield is less than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.