Steel Dynamics, Inc. ( STLD ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.14 per share is scheduled to be paid on January 13, 2017. Shareholders who purchased STLD prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that STLD has paid the same dividend. At the current stock price of $36.9, the dividend yield is 1.52%.
The previous trading day's last sale of STLD was $36.9, representing a -8.14% decrease from the 52 week high of $40.17 and a 140.86% increase over the 52 week low of $15.32.
STLD is a part of the Basic Industries sector, which includes companies such as ArcelorMittal ( MT ) and Tenaris S.A. ( TS ). STLD's current earnings per share, an indicator of a company's profitability, is $.44. Zacks Investment Research reports STLD's forecasted earnings growth in 2016 as 159.76%, compared to an industry average of 5%.
Interested in gaining exposure to STLD through an Exchange Traded Fund [ETF]?
The following ETF(s) have STLD as a top-10 holding:
- Vanguard S&P Mid-Cap 400 Value ETF ( IVOV )
- iShares Core S&P Mid-Cap ETF ( IJH )
- SPDR MidCap Trust Series I ( MDY ).
The top-performing ETF of this group is IVOV with an increase of 10.93% over the last 100 days. It also has the highest percent weighting of STLD at 0.85%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.