CHARLOTTE, N.C., Dec. 1, 2017 /PRNewswire/ -- The board of
directors of Nucor Corporation (NYSE: NUE) increased the regular
quarterly cash dividend on Nucor's common stock to $0.38. This cash dividend is payable on
February 9, 2018, to stockholders of
record on December 29, 2017, and is
Nucor's 179th consecutive quarterly cash dividend.
Nucor has increased its regular, or base, dividend for 45
consecutive years – every year since it first began paying
dividends in 1973. Over the past ten years, Nucor has
returned more than $5 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; hollow structural section tubing;
electrical conduit; steel piling; steel joists and joist girders;
steel deck; fabricated concrete reinforcing steel; cold finished
steel; steel fasteners; metal building systems; steel grating; 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