Nucor Makes It 162 in a Row
Steel manufacturer Nucor announced today its third-quarter dividend of $0.3675 per share, the same rate it's paid for the past three quarters after raising the payout about 1% from $0.365 per share.
The board of directors said the quarterly dividend is payable on Nov. 8 to the holders of record at the close of business on Sept. 27. It marks the steelmaker's 162nd consecutive quarterly payout.
The regular dividend payment equates to a $1.47-per-share annual dividend, yielding 3.2% based on the closing price today of Nucor's stock.
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