Steel Dynamics, Inc.: dividend
Price
$229.43
November 13, 2026Market cap $33.2B
What Ploutos Investor adds for Steel Dynamics
Part of Ploutos Investor, €9.99 a month
- The full history: 17 fiscal years, from 2009
- The estimated fair value, with its range and its certainty
- The full analysis, 18 a month
- More questions to the chat on its filings
- Excel with every year
- An email when it reports, changes its dividend or an officer buys
Sign in with a free account to see the last 5 fiscal years.
Yield
0.91%
$2.09 per share over the last 12 months, at a price of $229.43.
Forward yield0.92%($0.53 a quarter)
- FCF coverThe year's free cash flow was 3.6 times the dividend it paid.
- 3.6x
- Payout15% of the last 12 months' earnings went to the dividend.
- 15%
- No cutWithout a cut since 2009, the first year of our figures: the run may be longer.
- 16+
- 5-year growthAverage yearly growth over the last five years.
- +14.9%
- Debt / EBITDAMoney that goes to interest does not go to the dividend.
- 1.1x
The dividend year by year
What it paid per share each fiscal year, how much that changed, and the yield it gave at the price at year end.
- 2025Dividend per share$2.00
- 2024Dividend per share$1.84
- 2023Dividend per share$1.70
| Year | Dividend per share | Change | Price | Yield then | As % of earnings |
|---|---|---|---|---|---|
| 2025 | $2.00 | +8.7% | $169.45 | 1.18% | 25% |
| 2024 | $1.84 | +8.2% | $114.07 | 1.61% | 19% |
| 2023 | $1.70 | – | $118.10 | 1.44% | 12% |
Each fiscal year's dividend as the company states it in its filings, adjusted for stock splits. Special dividends count in the year they were paid.
The dividend year by year
STLD's dividend per share each fiscal year, from 2009 to 2022, 14 more fiscal years
Part of Ploutos Investor, €9.99 a month
Sign in with a free account to see the last 5 fiscal years.
Everything it returns to shareholders
The dividend is one way. The other is buybacks, which reduce the number of shares.
Dividend yield
0.91%
$9.10 a year per $1,000 of shares
Buybacks
2.71%
$27.10 a year per $1,000 of shares
The share count fell by 3.5% over the year.
Total returned
3.62%
$36.20 a year per $1,000 of shares
dividend 25%buybacks 75%
STLD beside the other dividend payers
Where it stands among this week's 968 dividend payers, and in the Basic materials sector. The dot is the company, the white line the median.
Above 21% of the payers · median 2.03%
In Basic materials: above 30%, median 1.29%.
Above 50% of the payers · median 3.6x
In Basic materials: above 42%, median 3.9x.
Above 91% of the payers · median +6.3%
In Basic materials: above 88%, median +6.6%.
Above 16% of the payers · median 35%
In Basic materials: above 26%, median 26%.
The full analysis
What do Steel Dynamics's filings show?
The dividend is one part of Steel Dynamics's picture. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.
- A fair value range built from the filings
- Earnings quality, debt and red flags
- Insider and institutional moves
- The case for and the case against
What is STLD's dividend yield?
Steel Dynamics paid $2.09 per share over the last 12 months. At a price of $229.43, that is a yield of 0.91%.
Does STLD cover its dividend with the cash it makes?
Yes, over the last year. Steel Dynamics's free cash flow was 3.6 times the dividend it paid.
Has STLD ever cut its dividend?
Steel Dynamics has not cut its dividend for 16+ years, in the 17 years of figures we hold.
How much has STLD's dividend grown?
Steel Dynamics's dividend per share changed by +14.9% a year on average over the last five years.
Related pages
The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.
The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.