Steel Dynamics, Inc. ( STLD ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.188 per share is scheduled to be paid on January 11, 2019. 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 $30.12, the dividend yield is 2.49%.
The previous trading day's last sale of STLD was $30.12, representing a -42.18% decrease from the 52 week high of $52.10 and a 3.86% increase over the 52 week low of $29.
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 $5.46. Zacks Investment Research reports STLD's forecasted earnings growth in 2018 as 108.93%, compared to an industry average of 17.9%.
Interested in gaining exposure to STLD through an Exchange Traded Fund [ETF]?
The following ETF(s) have STLD as a top-10 holding:
- VanEck Vectors Steel ETF ( SLX )
- Invesco DWA Basic Materials Momentum ETF ( PYZ )
- iShares S&P Mid-Cap 400 Value ETF ( IJJ )
- SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV )
- Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ).
The top-performing ETF of this group is IJJ with an decrease of -17.52% over the last 100 days. SLX has the highest percent weighting of STLD at 4.18%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.