Steel Dynamics (STLD) Dividend History & Yield
Dividend ContenderSteel Dynamics (STLD) has increased its dividend for 14 consecutive years and currently yields 0.89%. The most recent dividend was $0.5300/share on Apr 10, 2026, paid Quarterly.

STLD
Current Yield
0.89%
TTM Dividend/Share
$2.03
Payment Frequency
Quarterly
Payout Ratio
21.7%
Consecutive Growth Years
14 (Dividend Contender)
Div Growth (1Y CAGR)
8.70%
Div Growth (5Y CAGR)
14.87%
Div Growth (10Y CAGR)
13.78%
STLD: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
15.8%
FCF payout ratio
10.9%
Net debt / EBITDA
1.5x
Interest coverage
19.62x
ROIC (TTM)
11.1%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 21.7%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($3.39) covers dividend/share ($2.03).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
14 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 10.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (14.9%) exceeds EPS growth (-3.8%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 30, 2026
- Payment date
- Jul 10, 2026
- Dividend
- $0.5300
- Adj. dividend
- $0.5300
Ex-date Mar 31, 2026
- Payment date
- Apr 10, 2026
- Dividend
- $0.5300
- Adj. dividend
- $0.5300
Ex-date Dec 31, 2025
- Payment date
- Jan 9, 2026
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Sep 30, 2025
- Payment date
- Oct 10, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Jun 30, 2025
- Payment date
- Jul 11, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Mar 31, 2025
- Payment date
- Apr 11, 2025
- Dividend
- $0.5000
- Adj. dividend
- $0.5000
Ex-date Dec 31, 2024
- Payment date
- Jan 10, 2025
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Sep 30, 2024
- Payment date
- Oct 11, 2024
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Jun 28, 2024
- Payment date
- Jul 12, 2024
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Mar 27, 2024
- Payment date
- Apr 12, 2024
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Dec 28, 2023
- Payment date
- Jan 16, 2024
- Dividend
- $0.4250
- Adj. dividend
- $0.4250
Ex-date Sep 28, 2023
- Payment date
- Oct 16, 2023
- Dividend
- $0.4250
- Adj. dividend
- $0.4250
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 30, 2026 | Jul 10, 2026 | $0.5300 | $0.5300 |
| Mar 31, 2026 | Apr 10, 2026 | $0.5300 | $0.5300 |
| Dec 31, 2025 | Jan 9, 2026 | $0.5000 | $0.5000 |
| Sep 30, 2025 | Oct 10, 2025 | $0.5000 | $0.5000 |
| Jun 30, 2025 | Jul 11, 2025 | $0.5000 | $0.5000 |
| Mar 31, 2025 | Apr 11, 2025 | $0.5000 | $0.5000 |
| Dec 31, 2024 | Jan 10, 2025 | $0.4600 | $0.4600 |
| Sep 30, 2024 | Oct 11, 2024 | $0.4600 | $0.4600 |
| Jun 28, 2024 | Jul 12, 2024 | $0.4600 | $0.4600 |
| Mar 27, 2024 | Apr 12, 2024 | $0.4600 | $0.4600 |
| Dec 28, 2023 | Jan 16, 2024 | $0.4250 | $0.4250 |
| Sep 28, 2023 | Oct 16, 2023 | $0.4250 | $0.4250 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Steel Dynamics has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 14 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.0000 | — | — |
| 2025 | $1.8400 | $2.0000 | +8.7% |
| 2024 | $1.7000 | $1.8400 | +8.2% |
| 2023 | $1.3600 | $1.7000 | +25.0% |
| 2022 | $1.0400 | $1.3600 | +30.8% |
| 2021 | $1.0000 | $1.0400 | +4.0% |
| 2020 | $0.9600 | $1.0000 | +4.2% |
| 2019 | $0.7500 | $0.9600 | +28.0% |
| 2018 | $0.6200 | $0.7500 | +21.0% |
| 2017 | $0.5600 | $0.6200 | +10.7% |
| 2016 | $0.5500 | $0.5600 | +1.8% |
| 2015 | $0.4600 | $0.5500 | +19.6% |
| 2014 | $0.4400 | $0.4600 | +4.5% |
| 2013 | $0.4000 | $0.4400 | +10.0% |
| 2012 | $0.4000 | $0.4000 | 0.0% |
| 2011 | $0.3000 | $0.4000 | +33.3% |
| 2010 | $0.3250 | $0.3000 | -7.7% |
| 2009 | $0.3500 | $0.3250 | -7.1% |
| 2008 | $0.3000 | $0.3500 | +16.7% |
| 2007 | $0.2500 | $0.3000 | +20.0% |
| 2006 | $0.1000 | $0.2500 | +150.0% |
| 2005 | — | $0.1000 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Steel Dynamics (STLD) from the consolidated cash flow statement, in USD as filed.
Latest period
$294.13M
YoY change
+3.0%
5Y CAGR
+6.8%
Peak year (2025)
$291.18M
Latest annual
$291.18M
Cash dividends paid over time for Steel Dynamics (STLD)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Steel Dynamics (STLD)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $291.18M | +3.0% | +$8.56M | ||
| 2024 | $282.62M | +4.2% | +$11.30M | ||
| 2023 | $271.32M | +14.4% | +$34.15M | ||
| 2022 | $237.16M | +11.4% | +$24.20M | ||
| 2021 | $212.97M | +1.8% | +$3.72M | ||
| 2020 | $209.25M | +4.5% | +$8.98M | ||
| 2019 | $200.27M | +18.6% | +$31.36M | ||
| 2018 | $168.91M | +16.0% | +$23.35M | ||
| 2017 | $145.56M | +7.2% | +$9.80M | ||
| 2016 | $135.77M | +6.4% | +$8.20M | ||
| 2015 | $127.57M | +21.1% | +$22.19M | ||
| 2014 | $105.38M | +11.1% | +$10.57M | ||
| 2013 | $94.81M | +8.2% | +$7.18M | ||
| 2012 | $87.63M | +7.0% | +$5.75M | ||
| 2011 | $81.88M | +26.0% | +$16.91M | ||
| 2010 | $64.97M | -5.4% | -$3.70M | ||
| 2009 | $68.67M | -3.7% | -$2.62M | ||
| 2008 | $71.29M | +28.1% | +$15.65M | ||
| 2007 | $55.64M | +48.2% | +$18.10M | ||
| 2006 | $37.55M | +105.4% | +$19.27M | ||
| 2005 | $18.28M | +145.2% | +$10.82M | ||
| 2004 | $7.45M | — | +$7.45M | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | — | — |
As of the 2025 fiscal year, Steel Dynamics (STLD) reported dividends paid of $291.18M – edged up 3.0% year-over-year.
Through 2020–2025 (5 years), Steel Dynamics dividends paid delivered a +6.8% annualised rate; sustaining 15 straight years of year-over-year growth.
Across the available history, dividends paid reached its high of $291.18M in 2025 and its low of $0 in 1995.
Steel Dynamics (STLD) sits 9th of 8 Basic Materials peers we track on this metric, against a peer median of $930.50M.
Steel Dynamics Dividends Paid 2025: $291.18M
Steel Dynamics dividends paid in 2025 was $291.18M, edged up 3.0% from 2024. This figure represents the highest annual value in the available history.
Steel Dynamics Dividends Paid 2024: $282.62M
Steel Dynamics dividends paid in 2024 was $282.62M, edged up 4.2% from 2023.
Steel Dynamics Dividends Paid 2023: $271.32M
Steel Dynamics dividends paid in 2023 was $271.32M, grew 14.4% from 2022.
Steel Dynamics Dividends Paid 2022: $237.16M
Steel Dynamics dividends paid in 2022 was $237.16M, grew 11.4% from 2021.
Steel Dynamics Dividends Paid 2021: $212.97M
Steel Dynamics dividends paid in 2021 was $212.97M.
See more financial history for Steel Dynamics (STLD).
Sector peers by dividends paid
Companies in the same sector as Steel Dynamics, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Linde (LIN) | $2.81B | Basic Materials |
| Southern Copper (SCCO) | $2.49B | Basic Materials |
| Newmont (NEM) | $1.11B | Basic Materials |
| CRH (CRH) | $996.00M | Basic Materials |
| Freeport-McMoRan (FCX) | $865.00M | Basic Materials |
| Sherwin-Williams (SHW) | $789.80M | Basic Materials |
| Ecolab (ECL) | $753.60M | Basic Materials |
| Agnico Eagle Mines (AEM) | $728.08M | Basic Materials |
Frequently asked questions
Does Steel Dynamics pay dividends?
Yes, Steel Dynamics (STLD) pays quarterly dividends of approximately $2.03 per share annually, yielding 0.89%.
What is Steel Dynamics's dividend yield?
Steel Dynamics (STLD) has a current dividend yield of 0.89%.
Is Steel Dynamics's dividend safe?
Steel Dynamics (STLD) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Steel Dynamics increased its dividend?
Steel Dynamics (STLD) has 14 consecutive years of dividend increases.
What is Steel Dynamics's dividend payout ratio?
Steel Dynamics (STLD) has a dividend payout ratio of 21.7%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Steel Dynamics's dividends paid?
Latest reported dividends paid for Steel Dynamics (STLD) is $294.13M (period ending March 31, 2026).
How has Steel Dynamics dividends paid changed year-over-year?
Steel Dynamics (STLD) dividends paid changed +3.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Steel Dynamics dividends paid?
Steel Dynamics (STLD) dividends paid compound annual growth rate is +6.8% over the most recent 5 years available.
When did Steel Dynamics dividends paid hit its highest annual value?
Steel Dynamics dividends paid reached its highest annual value of $291.18M in 2025.
What was Steel Dynamics dividends paid in 2024?
Steel Dynamics (STLD) dividends paid in 2024 was $282.62M.
What was Steel Dynamics dividends paid in 2025?
Steel Dynamics (STLD) dividends paid in 2025 was $291.18M.
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