Nucor's latest quarterly dividend was on Mar 27, 2024 (ex-date) with a payout of $0.54 per share. On an annualized basis, the company has a current payout of $2.1 per share. This brings the dividend yield to 1.19% based on its recent close price.
NUE has a dividend yield of 1.19% which is lower than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 1.94%, Nucor's dividend yield is 39% lower. The historical 5-year average of NUE's dividend yield is 2.2%, which is more than the current one.
Nucor has been paying dividends since 1995. NUE has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4% since twelve months ago. But with the price of the stock up by 19% from a year ago, the dividend yield has a decrease of 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | May 10, 2024 | Feb 20, 2024 | $0.54 | normal |
| Dec 28, 2023 | Feb 9, 2024 | Dec 14, 2023 | $0.54 | normal |
| Sep 28, 2023 | Nov 9, 2023 | Sep 14, 2023 | $0.51 | normal |
| Jun 29, 2023 | Aug 11, 2023 | Jun 8, 2023 | $0.51 | normal |
| Mar 30, 2023 | May 11, 2023 | Feb 21, 2023 | $0.51 | normal |
| Dec 29, 2022 | Feb 10, 2023 | Dec 14, 2022 | $0.51 | normal |
| Sep 29, 2022 | Nov 10, 2022 | Sep 15, 2022 | $0.5 | normal |
| Jun 29, 2022 | Aug 11, 2022 | Jun 9, 2022 | $0.5 | normal |
| Mar 30, 2022 | May 11, 2022 | Feb 22, 2022 | $0.5 | normal |
| Dec 30, 2021 | Feb 11, 2022 | Dec 2, 2021 | $0.5 | normal |
| Sep 29, 2021 | Nov 10, 2021 | Sep 17, 2021 | $0.405 | normal |
| Jun 29, 2021 | Aug 11, 2021 | Jun 8, 2021 | $0.405 | normal |
| Mar 30, 2021 | May 11, 2021 | Feb 23, 2021 | $0.405 | normal |
| Dec 30, 2020 | Feb 11, 2021 | Dec 3, 2020 | $0.405 | normal |
| Sep 29, 2020 | Nov 10, 2020 | Sep 10, 2020 | $0.403 | normal |
| Jun 29, 2020 | Aug 11, 2020 | Jun 4, 2020 | $0.403 | normal |
| Mar 30, 2020 | May 11, 2020 | Feb 18, 2020 | $0.403 | normal |
| Dec 30, 2019 | Feb 11, 2020 | Dec 13, 2019 | $0.403 | normal |
| Sep 26, 2019 | Nov 8, 2019 | Sep 5, 2019 | $0.4 | normal |
| Jun 27, 2019 | Aug 9, 2019 | Jun 6, 2019 | $0.4 | normal |
| Mar 28, 2019 | May 10, 2019 | Feb 19, 2019 | $0.4 | normal |
| Dec 28, 2018 | Feb 11, 2019 | Nov 30, 2018 | $0.4 | normal |
| Sep 27, 2018 | Nov 9, 2018 | Sep 6, 2018 | $0.38 | normal |
| Jun 28, 2018 | Aug 10, 2018 | Jun 7, 2018 | $0.38 | normal |
| Mar 28, 2018 | May 11, 2018 | Feb 20, 2018 | $0.38 | normal |
| Dec 28, 2017 | Feb 9, 2018 | Dec 1, 2017 | $0.38 | normal |
| Sep 28, 2017 | Nov 9, 2017 | Sep 14, 2017 | $0.378 | normal |
| Jun 28, 2017 | Aug 11, 2017 | Jun 6, 2017 | $0.378 | normal |
| Mar 29, 2017 | May 11, 2017 | Feb 21, 2017 | $0.378 | normal |
| Dec 28, 2016 | Feb 10, 2017 | Nov 30, 2016 | $0.378 | normal |
| Sep 28, 2016 | Nov 10, 2016 | Sep 15, 2016 | $0.375 | normal |
| Jun 28, 2016 | Aug 11, 2016 | Jun 6, 2016 | $0.375 | normal |
| Mar 29, 2016 | May 11, 2016 | $0.375 | normal | |
| Dec 29, 2015 | Feb 11, 2016 | $0.375 | normal | |
| Sep 28, 2015 | Nov 10, 2015 | $0.373 | normal |
NUE has a payout ratio of 11.6% which is lower than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 29.8%, Nucor's payout ratio is 61% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WOR Worthington Industries Inc | 1.93% | $1.11 | 19.9% |
| STLD Steel Dynamics Inc | 1.33% | $1.77 | 12% |
| CMC COMMERCIAL METALS Co | 1.23% | $0.66 | 11.3% |
| NUE Nucor Corp | 1.19% | $2.1 | 11.6% |
| CRS Carpenter Technology Corp | 0.98% | $0.8 | 27.4% |
| X United States Steel Corp | 0.54% | $0.2 | 5% |
Yes, Nucor has been paying dividends for the last 29 years.
At this point we don't have a record of NUE's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Nucor's last dividend ex-date was on Mar 27, 2024. The dividend amount was $0.54 per share.
On an annual basis NUE pays $2.1 per share.
Currently Nucor's dividend yield is 1.19%.
Nucor has a quarterly dividend frequency.
The dividend payout ratio of Nucor is 11.6%.
Nucor's dividend yield is less than the Basic Materials sector average.