SmarterDividends
STLD

Steel Dynamics (STLD) Dividend

Steel Dynamics, Inc. · Basic Materials · Steel · quarterly payer

$229.19

Undervalued · +19% Add to Portfolio

As of Nov 5, 2026, Steel Dynamics (STLD) pays a quarterly dividend of $0.53 per share, or $2.12 a year, a 0.88% yield at its $229.19 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 13 years in a row and has a dividend safety grade of A.

Forward Yield

0.88%

Annual Dividend

$2.12

Payout Ratio

15%

5-Yr Growth

14.9%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about STLD's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Steel Dynamics, Inc. (STLD) has a forward dividend yield of 0.88%, based on an annual dividend of $2.12 per share and a share price of $229.19.
  • As of Nov 5, 2026, STLD's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Steel Dynamics, Inc. (STLD) has raised its dividend for 13 consecutive years as of Nov 5, 2026.
  • STLD last cut its regular dividend in 2009.
  • STLD's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.53 per share.
  • As of Nov 5, 2026, STLD pays out 15% of its trailing 12-month earnings as dividends (its payout ratio).
  • STLD's dividend has grown at an average rate of 14.9% a year over the past five years.
  • As of Nov 5, 2026, STLD's 0.88% yield is 44% below its five-year average yield of 1.58%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for STLD is $273.79 per share, 19% above the $229.19 share price, so STLD screens as undervalued.
  • Steel Dynamics, Inc. (STLD) pays its dividend quarterly, 4 times a year.
  • Steel Dynamics, Inc. (STLD) has raised its regular dividend 19 times and cut it 1 time across the 90 payments on record since 2004. Its most recent change was a 6.0% increase to $0.530 per share, going ex-dividend on Mar 31, 2026. The last cut went ex-dividend on Jun 26, 2009.
  • Steel Dynamics (STLD) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 6.0%, was declared on Feb 20, 2026.
Cite this page

SmarterDividends, "STLD Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/STLD

Is STLD a good dividend stock?

Yes

Steel Dynamics, Inc. (STLD) pays a quarterly dividend yielding 0.88% ($2.12/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 13 consecutive years of dividend growth
  • Comfortable payout ratio (15%)
  • Strong 14.9% 5-yr dividend growth
  • 319% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
0.88%
Payout Ratio
15%
Annual Dividend
$2.12
5-Yr Avg Growth
14.9%
Ex-Dividend Date
Sep 30, 2026
Years of Growth
13
Frequency
quarterly
Beta
1.44
Market Cap
$32.6B
P/E Ratio
16.9
5-Yr Total Return
319%
52-Week Range
$150.03 – $288.74
Dividend Safety
A · 86/100
Ever Cut?
Yes (2009)

STLD dividend raises and cuts

Steel Dynamics, Inc. (STLD) has raised its regular dividend 19 times and cut it 1 time across the 90 payments on record since 2004. Its most recent change was a 6.0% increase to $0.530 per share, going ex-dividend on Mar 31, 2026. The last cut went ex-dividend on Jun 26, 2009.

Ex-dateChangeOld → newMove
Mar 31, 2026Raise$0.500 → $0.530+6.0%
Mar 31, 2025Raise$0.460 → $0.500+8.7%
Mar 27, 2024Raise$0.425 → $0.460+8.2%
Mar 30, 2023Raise$0.340 → $0.425+25.0%
Mar 30, 2022Raise$0.260 → $0.340+30.8%
Mar 30, 2021Raise$0.250 → $0.260+4.0%
Mar 30, 2020Raise$0.240 → $0.250+4.2%
Mar 28, 2019Raise$0.188 → $0.240+27.7%
Mar 28, 2018Raise$0.155 → $0.188+21.3%
Mar 29, 2017Raise$0.140 → $0.155+10.7%
Mar 29, 2016Raise$0.138 → $0.140+1.4%
Mar 27, 2015Raise$0.115 → $0.138+20.0%
Show all 20 changes since 2004
Ex-dateChangeOld → newMove
Mar 27, 2014Raise$0.110 → $0.115+4.5%
Mar 26, 2013Raise$0.100 → $0.110+10.0%
Mar 29, 2011Raise$0.0750 → $0.100+33.3%
Jun 26, 2009Cut$0.100 → $0.0750−25.0%
Jun 26, 2008Raise$0.0750 → $0.100+33.3%
Sep 27, 2006Raise$0.0500 → $0.0750+50.0%
Mar 29, 2006Raise$0.0250 → $0.0500+100.0%
Dec 29, 2004Raise$0.0188 → $0.0250+33.3%
Every STLD payment →Download every raise and cut (CSV)
STLD ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →STLD dividend historyEvery payment, totals by year, raises and cutsView →STLD dividend calculator100 shares pay $212.00 a year, $53.00 each quarterCalculate →STLD total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is STLD a good dividend stock?

Yes. Steel Dynamics, Inc. (STLD) pays a quarterly dividend yielding 0.88% ($2.12/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is STLD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, STLD's fair value is about $273.79 versus a $229.19 share price — so it looks undervalued (+19% vs. fair value).

Is STLD's dividend safe?

STLD has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 13-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is STLD's fair value?

Our blended fair-value estimate for STLD is about $273.79 per share, roughly 19% above the current $229.19 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is STLD a buy, hold, or sell?

We don't issue formal ratings, but on the data STLD screens as "yes" and undervalued. Steel Dynamics, Inc. (STLD) pays a quarterly dividend yielding 0.88% ($2.12/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will STLD cut its dividend?

STLD earns a dividend-safety grade of A (86/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does STLD pay a dividend?

Yes. Steel Dynamics, Inc. pays a quarterly dividend of about $2.12 per share annually, a forward yield of roughly 0.88%.

How much dividend does 100 shares of STLD pay?

At $2.12 per share a year, 100 shares of STLD pay $212.00 a year in dividends before tax, about $53.00 each quarter. Buying them costs about $22,919 at the Nov 5, 2026 price.

What is STLD's dividend yield?

As of Nov 5, 2026, STLD's forward dividend yield is 0.88%, based on a $2.12 annual dividend and a $229.19 share price.

What is STLD's dividend per share?

As of Nov 5, 2026, STLD pays $2.12 per share per year, distributed on a quarterly basis.

What is STLD's dividend payout ratio?

As of Nov 5, 2026, STLD's payout ratio is 15% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has STLD grown its dividend?

As of Nov 5, 2026, STLD has increased its dividend for 13 consecutive years.

When is the next STLD ex-dividend date?

As of Nov 5, 2026, STLD's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.53 per share.

Income Calculator

At $2.12 / yr per share

Per payment (quarterly)$53.00
Annual$212.00
Monthly avg$17.67
Full STLD dividend calculator →

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