Nucor Announces Increase in Cash Dividend

Core Points - Nucor Corporation announced an increase in its regular quarterly cash dividend to $0.55 per share, marking its 207th consecutive quarterly cash dividend [1] - The company has increased its regular dividend for 52 consecutive years, starting from its first dividend payment in 1973 [1] Company Overview - Nucor and its affiliates are manufacturers of steel and steel products, operating in the United States, Canada, and Mexico [2] - The range of products includes carbon and alloy steel in various forms, as well as fabricated concrete reinforcing steel, metal building systems, and utility structures [2] - Nucor is recognized as North America's largest recycler and also brokers ferrous and nonferrous metals, pig iron, and hot briquetted iron [2]