Nucor Makes It 161 Quarterly Dividends in a Row
Steelmaker Nucor announced this morning its second-quarter dividend of $0.3675 per share, the same rate it paid the last two quarters after raising the payout almost 1% from $0.365 per share.
The board of directors said the quarterly dividend is payable on Aug. 9 to the holders of record at the close of business on June 28. The steelmaker said it has now made 161 consecutive quarterly dividend payments.
The regular dividend payment equates to an $1.47-per-share annual dividend, yielding 3.3% based on the closing price of Nucor's stock on June 5.
The article Nucor Makes It 161 Quarterly Dividends in a Row originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Nucor. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.