Nucor Declares $0.56 Quarterly Dividend, Marking 212th Consecutive Payment
Nucor Corp (NYSE: NUE), a steel manufacturer, announced a $0.56 per share quarterly cash dividend on February 20, 2026. The payment marks the company's 212th consecutive quarterly dividend.
Nucor Corp (NYSE: NUE), a manufacturer of steel and steel products with facilities across North America, declared a cash dividend of $0.56 per share on February 20, 2026. The payment represents the company's 212th consecutive quarterly cash dividend. Read more dividend announcements.
The dividend is payable May 11, 2026, to shareholders of record as of March 31, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.56 per share |
| Record Date | March 31, 2026 |
| Payment Date | May 11, 2026 |
| Frequency | Quarterly |
Capital Returns and Share Repurchases
During the first quarter of 2026, Nucor repurchased approximately 0.7 million shares of its common stock at an average price of $175.19 per share. The company has returned approximately $250 million to stockholders through share repurchases and dividend payments year-to-date.
On the same date as the dividend declaration, Nucor's board approved a new share repurchase program authorizing up to $4.00 billion in buybacks, terminating all prior repurchase programs. As of April 4, 2026, approximately $3.97 billion remained available under the authorization, which has no scheduled expiration date.
Financial Position
Nucor reported $2.48 billion in cash, cash equivalents, and short-term investments at the end of the first quarter of 2026. The company's $2.25 billion revolving credit facility remains undrawn and does not expire until March 2030.
The steelmaker maintains credit ratings of A-/A-/A3 from Standard & Poor's, Fitch Ratings, and Moody's respectively, with stable outlooks at all three agencies. Nucor described these as the strongest credit ratings in the North American steel sector.
Second Quarter Outlook
The company expects higher consolidated earnings in the second quarter of 2026 compared to the first quarter, with improved performance across all three operating segments. The steel mills segment is projected to benefit from higher realized selling prices with stable volumes, while the steel products segment is expected to see improved earnings from higher volumes on stable pricing. The raw materials segment is anticipated to post increased earnings due to higher realized pricing.