CHARLOTTE, N.C., Dec. 1, 2015 /PRNewswire/ -- The board of
directors of Nucor Corporation (NYSE: NUE) increased the regular
quarterly cash dividend on Nucor's common stock to $0.375. This cash dividend is payable on
February 11, 2016, to stockholders of
record on December 31, 2015, and is
Nucor's 171st consecutive quarterly cash dividend.
Nucor has increased its regular, or base, dividend for 43
consecutive years – every year since it first began paying
dividends in 1973. Reflecting the Nucor team's success in
building our company's long-term earnings power, the base quarterly
dividend has increased five-fold over the past ten years.
Over this same period, Nucor has returned approximately
$6.7 billion in capital to its
stockholders in the form of base dividends, supplemental dividends
and share repurchases.
Nucor and its affiliates are manufacturers of steel products,
with operating facilities primarily in the U.S. and Canada.
Products produced include: carbon and alloy steel – in bars, beams,
sheet and plate; steel piling; steel joists and joist girders;
steel deck; fabricated concrete reinforcing steel; cold finished
steel; steel fasteners; metal building systems; steel grating and
expanded metal; and wire and wire mesh. Nucor, through The
David J. Joseph Company, also brokers ferrous and nonferrous
metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes
ferrous and nonferrous scrap. Nucor is North America's largest recycler.
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SOURCE Nucor Corporation