Steel Dynamics, Inc. (STLD) Ex-Dividend Date Scheduled for March 26, 2013


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Steel Dynamics, Inc. ( STLD ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on April 12, 2013. Shareholders who purchased STLD stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter.

The previous trading day's last sale of STLD was $15.55, representing a -3.77% decrease from the 52 week high of $16.16 and a 53.81% increase over the 52 week low of $10.11.

STLD is a part of the Basic Industries sector, which includes companies such as Tenaris S.A. ( TS ) and POSCO ( PKX ). STLD's current earnings per share, an indicator of a company's profitability, is $.73. Zacks Investment Research reports STLD's forecasted earnings growth in 2013 as 49.33%, compared to an industry average of 10.9%.

For more information on the declaration, record and payment dates, visit the STLD Dividend History page.

Interested in gaining exposure to STLD through an Exchange Traded Fund [ETF]?
The following ETF(s) have STLD as a top-10 holding:

  • SPDR S&P Metals & Mining ETF ( XME ).

The top-performing ETF of this group is XME with an decrease of -8.79% over the last 100 days. It also has the highest percent weighting of STLD at 4.1%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: PKX , STLD , TS , XME

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