TSX up after index logs fresh record high close
CHARLOTTE - Nucor Corporation (NYSE:NUE) announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $0.55 per share on the company’s common stock.
The dividend will be payable on November 10, 2025, to stockholders of record as of September 30, 2025, according to a press release statement from the steel manufacturer.
This payment represents Nucor’s 210th consecutive quarterly cash dividend, highlighting the company’s long-standing commitment to returning value to shareholders. According to InvestingPro data, the company has maintained dividend payments for 53 consecutive years and has raised its dividend for 15 straight years, demonstrating remarkable consistency in shareholder returns.
Nucor operates manufacturing facilities across the United States, Canada, and Mexico. The company produces a wide range of steel and steel products including carbon and alloy steel in various forms, hollow structural section tubing, electrical conduit, steel racking, piling, joists, deck, concrete reinforcing steel, and metal building systems.
The Charlotte-based corporation also engages in metal brokerage and scrap processing operations through its subsidiary, The David J. Joseph Company. Nucor currently holds the position as North America’s largest recycler.
In other recent news, Nucor Corporation reported its Q2 2025 earnings, revealing a strong earnings per share (EPS) of $2.60, which exceeded analysts’ expectations of $2.52. However, the company’s revenue did not meet forecasts, totaling $8.46 billion against the anticipated $8.54 billion. UBS has increased its price target for Nucor to $169 from $147, maintaining a Buy rating due to a positive outlook on Section 232 tariffs. Meanwhile, Jefferies has upgraded Nucor from Hold to Buy, raising its price target to $170, citing an optimistic steel demand outlook and potential increases in U.S. steel prices. Wells Fargo initiated coverage on Nucor with an Equal Weight rating and set a price target of $145. These developments reflect varying perspectives from analysts on Nucor’s market position and future prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.