Steel Dynamics Announces Dividend Hike and $1.5B Share Buyback Program

Steel Dynamics, Inc.’s (STLD) board of directors has announced a first-quarter cash dividend of 50 cents per common share, a 9% increase over the company's 2024 quarterly rate. The dividend is payable to shareholders of record at the close of business as of March 31, 2025, on or around April 11, 2025.The board also authorized an additional $1.5 billion share repurchase program for the company's common stock. The authorization is effective immediately and adds to the prior$1.5 billion program approved on No ...