This Dividend Growth Stock Is Doing Better Than Wall Street Thinks
Nucor(NUE) The Motley Fool·2024-01-13 11:02
The steel industry is highly cyclical, and investors in the sector just need to accept that. To help deal with this situation, however, companies like Steel Dynamics (STLD 0.09%) have taken to providing earnings guidance updates close to their actual earnings releases. In this way, it can avoid unexpected surprises. This time around, though, Wall Street's thinking was way off the mark. And that was good news.Steel Dynamics has a strong dividend historyWhen you compare Steel Dynamics to industry icons like U ...