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Data last updated: Oct 12, 2026
Snapshot (as of Oct 12, 2026): Steel Dynamics, Inc. (STLD) pays a $2.06 annual dividend ($0.53 quarterly), yielding 0.89% at $238.38/share. Next ex-dividend date 2026-09-30. 15 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.89%
Annual Dividend: $2.06 per share
Payout Ratio: 18.7%
Ex-Dividend Date: 2026-09-30
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 23
Steel Dynamics, Inc. dividend reflects a company built around steel production and metal recycling, serving construction, automotive, and energy markets across the United States. STLD currently yields 0.89%, with trailing twelve-month payments of $2.06 per share paid quarterly. The next ex-dividend date is September 30, 2026. The beta of 1.486 signals above-average price swings, making this stock a better fit for growth-and-income investors than those seeking steady, low-volatility income.
Steel Dynamics, Inc. pays out 18.7% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings means the dividend consumes a small fraction of what the business generates, leaving substantial room before any pressure on Steel Dynamics, Inc. dividend safety would arise. The most significant data-supported risk is cyclicality: steel demand across construction, automotive, and manufacturing markets can contract sharply, which would compress earnings and narrow that coverage cushion quickly.
Steel Dynamics, Inc. dividend history shows a CAGR of 12.2% per year from 2011 to 2025. Per-share payments grew from $0.40 to $2.00 over that window (2026 data is partial and excluded from the rate calculation). The largest single-year jump was 30.8% in 2022, while the smallest annual increase in the window was 1.8% in 2016, showing that growth has not always been uniform.
| 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 | +13.8% | $0.55 (2015) | $2.00 (2025) |
STLD stock fits growth-and-income investors who want a rising dividend stream from a steel producer and metal recycler, and who can tolerate a low current yield in exchange for fast per-share growth. At 0.89%, the yield is classified as low (below 2%), and it sits below the 5-year average yield of 1.3%, meaning buyers today receive less current income than the historical norm. Fifteen consecutive years of increases and a 12.2% annual growth rate are the defining strengths. The trade-off is straightforward: income today is modest, and the stock's beta of 1.486 means the price will move more than the broader market.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-30 | $0.5300 |
| 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 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.5900 |
| 2025 | $2.0000 |
| 2024 | $1.8400 |
| 2023 | $1.7000 |
| 2022 | $1.3600 |
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