Nucor Announces Increase In Cash Dividend
CHARLOTTE, N.C., Dec. 4, 2013
CHARLOTTE, N.C., Dec. 4, 2013 /PRNewswire/ -- The board of directors of Nucor
Corporation (NYSE: NUE) increased the regular quarterly cash dividend on
Nucor's common stock to $0.37. This cash dividend is payable on February 11,
2014, to stockholders of record on December 31, 2013, and is Nucor's 163^rd
consecutive quarterly cash dividend.
Nucor has increased its regular, or base, dividend for more than 40
consecutive years – every year since it first began paying dividends in 1973.
Reflecting the Nucor team's success in building Nucor's long-term earnings
power, the base quarterly dividend has more than tripled since the end of
2007. In addition, over the period from 2000 to 2013, Nucor's base dividend
has increased approximately ten-fold.
Nucor and 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; steel piling; steel joists
and joist girders; steel deck; fabricated concrete reinforcing steel; cold
finished steel; steel fasteners; metal building systems; steel grating and
expanded metal; 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.
SOURCE Nucor Corporation
Contact: Nucor Executive Offices, +1-704-366-7000, or fax, +1-704-362-4208
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