Steel Dynamics, Inc. ( STLD ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.1 per share scheduled for January 11, 2013. Shareholders who purchased STLD stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that STLD has paid the same dividend. At the current stock price of $13.62, the dividend yield is 2.94%.
The previous trading day's last sale of STLD was $13.62, representing a -18.25% decrease from the 52 week high of $16.66 and a 34.72% increase over the 52 week low of $10.11.
STLD is a part of the Basic Industries sector, which includes companies such as ArcelorMittal ( MT ) and POSCO ( PKX ). STLD's current earnings per share, an indicator of a company's profitability, is $.6. Zacks Investment Research reports STLD's forecasted earnings growth in 2012 as -43.72%, compared to an industry average of -16.2%.
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 increase of 11.61% over the last 100 days. It also has the highest percent weighting of STLD at 3.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.