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Data last updated: Aug 31, 2026
Snapshot (as of Aug 31, 2026): Steel Dynamics, Inc. (STLD) pays a $2.06 annual dividend ($0.53 quarterly), yielding 0.88% at $234.66/share. Next ex-dividend date 2026-09-30. 15 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.88%
Annual Dividend: $2.06 per share
Payout Ratio: 18.4%
Ex-Dividend Date: 2026-09-30
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 23
Steel Dynamics, Inc. produces steel products and recycles scrap metal across three business segments, serving construction, automotive, and manufacturing markets. The Steel Dynamics, Inc. dividend currently yields 0.9%, with a trailing annual rate of $2.06 per share paid quarterly. The next ex-dividend date is September 30, 2026, with the last declared payment at $0.53 per share. STLD stock carries a beta of 1.532, making it a better fit for growth-oriented dividend investors than those seeking low-volatility income.
Steel Dynamics, Inc. pays out 18.4% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend even if earnings soften, given that STLD serves demand-driven end markets including construction, automotive, and heavy equipment. The most significant pressure point for Steel Dynamics, Inc. dividend safety is cyclicality: steel demand and pricing can swing sharply, and a beta of 1.532 reflects that the stock moves more than the broader market.
Steel Dynamics, Inc. dividend history shows a CAGR of 12.2% per year from 2012 to 2025. The per-share dividend grew from $0.40 to $2.00 over that period (2026 data is partial and excluded from the growth calculation). The largest single-year increase in the window was 30.8% in 2022, while the smallest annual increase was 1.4% in 2016.
| 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 stock fits growth-and-income investors who prioritize dividend growth over current yield. The yield is low (below 2%), and at 0.9% it sits above the 5-year average of 0.69%, so income at entry is modest by any measure. What the stock offers instead is a 15-year streak of consecutive dividend increases and a 12.2% annual growth rate that has more than quintupled the per-share payment since 2012. The 18.4% payout ratio keeps the dividend well-covered. The trade-off is clear: an investor gets fast dividend growth from a cyclical steel and metals recycling business, but accepts a low starting yield and above-market price volatility.
| 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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