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Steel Dynamics Announces First Quarter 2026 Cash Dividend Increase of 6%
Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.53 per common share, representing a 6% increase over the company's 2025 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2026, and is payable on or about April 10, 2026.
About this update from Steel Dynamics, Inc.
[{"type":"text","content":"FORT WAYNE, Ind., Feb. 20, 2026 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a first quarter cash dividend of $0.53 per common share, representing a 6% increase over the company's 2025 quarterly rate. The dividend is payable to shareholders of record at the close of business on March 31, 2026, and is payable on or about April 10, 2026.","length":443,"tagName":"p"},{"type":"image","alt":"Steel Dynamics (PRNewsfoto/Steel Dynamics, Inc.)","displaySize":"","headline":null,"caption":"Steel Dynamics (PRNewsfoto/Steel Dynamics, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":100,"url":"https://media.zenfs.com/en/prnewswire.com/396cd229de1ce8e2af1e7d7d6ff993a9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/qf2KL6sp0Ug3lnprUUClNA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3NjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/396cd229de1ce8e2af1e7d7d6ff993a9","width":400,"height":100}},"href":"https://mma.prnewswire.com/media/1679329/Steel_Dynamics_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""These actions reflect the Board's and senior leadership's confidence in the consistency and strength of our cash generation capabilities," said Mark D. Millett, Chairman, and Chief Executive Officer. "We have consistently increased our cash dividend in alignment with our growth initiatives, maintaining a strong cash dividend growth profile. We believe this action reflects the strength of our capital structure and liquidity profile, the continued optimism and confidence in our prospects to strategically grow, while staying committed to maintaining our investment grade credit rating."","length":618,"tagName":"p"},{"type":"text","content":"About Steel Dynamics, Inc.Steel Dynamics is a leading industrial metals solutions company, with facilities located throughout the United States, and in Mexico. The company operates using a circular manufacturing model, producing lower-carbon-emission, quality products with recycled scrap as the primary input. Steel Dynamics is one of the largest domestic steel producers and metal recyclers in North America, combined with a meaningful downstream steel fabrication platform. The company is also in aluminum operati...