The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): Steel Dynamics, Inc. (STLD) pays a $2.06 annual dividend ($0.53 quarterly), yielding 0.93% at $220.39/share. Next ex-dividend date 2026-06-30. 15 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.93%
Annual Dividend: $2.06 per share
Payout Ratio: 21.4%
Ex-Dividend Date: 2026-06-30
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 23
Steel Dynamics, Inc. pays a quarterly dividend to shareholders across its steel manufacturing and metals recycling operations. The Steel Dynamics, Inc. dividend currently yields 0.93%, with a trailing annual rate of $2.06 per share and an ex-dividend date of June 30, 2026. STLD serves cyclical end markets including construction, automotive, and heavy equipment, reflected in a beta of 1.542 that signals above-average price swings. That volatility makes STLD stock a better fit for growth-oriented income investors than those seeking a steady, high-yield payout.
Steel Dynamics, Inc. pays out 21.4% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings as dividends means the company keeps the vast majority of its profits, leaving substantial room to sustain the current payment even if steel demand softens across its construction, automotive, or manufacturing end markets. The most significant pressure point for Steel Dynamics, Inc. dividend safety is the cyclical nature of steel pricing: revenue and earnings in this industry can swing sharply with economic conditions, and a prolonged downturn could compress the earnings base that currently makes the payout look very comfortable.
Steel Dynamics, Inc. dividend history shows a CAGR of 12.2% per year from 2011 to 2025. The per-share annual dividend grew from $0.40 to $2.00 over that period (2026 data is partial and excluded from this calculation). The largest single-year increase in the window was 30.8% in 2022, while the smallest step-up was a modest 1.4% in 2016, showing that growth has not been uniform year to year.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +13.7% | $1.36 (2022) | $2.00 (2025) |
| 5-Year | +14.9% | $1.00 (2020) | $2.00 (2025) |
| 10-Year | +13.7% | $0.55 (2015) | $2.00 (2025) |
STLD fits growth-and-income investors who prioritize dividend growth over current yield. At 0.93%, the yield is low (below 2%), though it sits above the stock's own 5-year average yield of 0.72%, meaning today's entry point offers slightly more income than the historical norm. The 12.2% annual dividend CAGR over 14 years is the defining trait here: the dollar amount has grown from $0.40 to $2.00 per share, and 15 consecutive years of increases reinforce that pattern. The trade-off is straightforward. An investor gets fast dividend growth and a very conservative 21.4% payout ratio, but accepts a yield that delivers limited current income from Steel Dynamics, Inc. stock.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-30 | $0.5300 |
| 2026-03-31 | $0.5300 |
| 2025-12-31 | $0.5000 |
| 2025-09-30 | $0.5000 |
| 2025-06-30 | $0.5000 |
| 2025-03-31 | $0.5000 |
| 2024-12-31 | $0.4600 |
| 2024-09-30 | $0.4600 |
| 2024-06-28 | $0.4600 |
| 2024-03-27 | $0.4600 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.0600 |
| 2025 | $2.0000 |
| 2024 | $1.8400 |
| 2023 | $1.7000 |
| 2022 | $1.3600 |
Project income from STLD with the STLD dividend calculator or track your full portfolio with the dividend tracker.