Nucor (NUE) Extends Dividend Streak with 212th Consecutive Quarterly Payment

Core Insights - Nucor Corporation is recognized as one of the 14 Best Warren Buffett Dividend Stocks to Buy [1] Dividend and Share Repurchase - The Board of Directors approved a quarterly cash dividend of $0.56 per share, to be paid on May 11, 2026, marking the 212th consecutive quarterly dividend [2][8] - A new share repurchase program of up to $4.00 billion has been authorized, replacing the previous $4.00 billion buyback plan, which was initiated in May 2023 and saw approximately $3.69 billion in shares repurchased [3] Leadership Changes - Jack Sullivan has been appointed as the new Chief Financial Officer, effective March 1, succeeding Steve Laxton [4] Financial Performance - In the fourth quarter, Nucor reported earnings of $1.73 per share, below analysts' expectations of $1.91 per share, with revenue increasing by 9% year-over-year to $7.69 billion, but still falling short of the anticipated $7.87 billion [5] Company Overview - Nucor Corporation is one of the largest steel producers in North America, with operations in the United States, Canada, and Mexico, and is organized into three main segments: steel mills, steel products, and raw materials [6]