Nucor Corporation's Board of Directors announced an increase in its regular quarterly cash dividend on Nucor's common stock to $0.55 per share. This decision marks the 52nd consecutive year that Nucor has increased its regular, or base, dividend since it first began paying dividends in 1973.
The increased cash dividend is payable on February 11, 2025, to stockholders of record as of December 31, 2024. This consistent dividend growth highlights Nucor's long-standing commitment to returning capital to its shareholders.
The company's ability to sustain and grow its dividend for over five decades underscores its financial resilience and disciplined capital allocation strategy. This action reinforces Nucor's position as a reliable income-generating investment within the materials sector.
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