Steel Dynamics, Inc. (STLD) Dividend History
Income profile from 2004 to 2026 with payout safety and yield-on-cost trend
STLD Dividend Income Check
Safety
24.6% payout ratio with sustainable safety profile.
Consistency
13 straight years of dividend increases.
Income Trend
Yield on cost is 5.5% and trend is rising.
STLD Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
STLD Income Growth Story
Dividend per share and yield on cost over time (23 years of payments)
STLD Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Steel Dynamics, Inc. distributes 24.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 42.8%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
STLD has raised its dividend for 13 consecutive years, with a 3-year CAGR of 13.7% and 5-year CAGR of 14.9%.
Total Shareholder Returns
Beyond cash dividends, STLD returns capital through share repurchases. The combined picture: 0.8% dividend yield, 2.5% buyback yield, 3.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.5% and is currently rising. The 5-year total return is 346.3%, with dividends contributing 14.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $99,897 today.
STLD Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 30, 2026Latest | $0.5300 | — | 82.43% | Jul 10, 2026 |
| Mar 31, 2026 | $0.5300 | ↑ +6.0% | 1.13% | Apr 10, 2026 |
| Dec 31, 2025 | $0.5000 | — | 1.18% | Jan 9, 2026 |
| Sep 30, 2025 | $0.5000 | — | 1.41% | Oct 10, 2025 |
| Jun 30, 2025 | $0.5000 | — | 1.50% | Jul 11, 2025 |
| Mar 31, 2025 | $0.5000 | ↑ +8.7% | 1.50% | Apr 11, 2025 |
| Dec 31, 2024 | $0.4600 | — | 1.61% | Jan 10, 2025 |
| Sep 30, 2024 | $0.4600 | — | 1.43% | Oct 11, 2024 |
STLD Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $36.2B | 0.8% | 24.6% | 13 | Sustainable | |
| $55.5B | 0.9% | 29.4% | 16 | Sustainable | |
2nd | $20.3B | 1.2% | 34.4% | 15 | Sustainable |
| $8.0B | 1.0% | 96.2% | 5 | At Risk | |
| $3.0B | 1.1% | 35.3% | 1 | Sustainable | |
3rd | $533M | 1.2% | 29.1% | 4 | Sustainable |
1st | $733M | 5.6% | — | 4 | Unknown |
STLD Annual Dividend History (1995–2026)
32 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.06 | — | 2 | — | — | — | 2.9% |
| 2025 | $2.00 | 8.7% | 4 | $7.99 | 25.0% | 3.99x | 5.5% |
| 2024 | $1.84 | 8.2% | 4 | $9.84 | 18.7% | 5.35x | 5.0% |
| 2023 | $1.70 | 25.0% | 4 | $14.64 | 11.6% | 8.61x | 4.6% |
| 2022 | $1.36 | 30.8% | 4 | $20.92 | 6.5% | 15.38x | 3.7% |
| 2021 | $1.04 | 4.0% | 4 | $15.56 | 6.7% | 14.96x | 2.8% |
| 2020 | $1.00 | 4.2% | 4 | $2.59 | 38.6% | 2.59x | 2.7% |
| 2019 | $0.96 | 28.0% | 4 | $3.04 | 31.6% | 3.17x | 2.6% |
| 2018 | $0.75 | 21.0% | 4 | $5.35 | 14.0% | 7.13x | 2.0% |
| 2017 | $0.62 | 10.7% | 4 | $3.36 | 18.5% | 5.42x | 1.7% |
Full Stock Analysis
Deep dive into STLD consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
22+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
STLD — Frequently Asked Questions
Quick answers to the most common questions about buying STLD stock.
How much dividend does STLD pay per share?
Steel Dynamics, Inc. (STLD) pays a trailing 12-month dividend of $1.96 per share, with a current dividend yield of +0.8%. Payments are made Semi-Annual.
When is STLD's next ex-dividend date?
STLD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. STLD typically pays dividends Semi-Annual.
Is STLD's dividend safe?
STLD's dividend safety is rated "Sustainable" based on an earnings payout ratio of +24.6% and FCF payout ratio of +42.8%. With 13 consecutive years of dividend growth, the track record supports sustainability.
Is STLD a Dividend Achiever?
Yes, Steel Dynamics, Inc. is classified as a Dividend Achiever with 13 consecutive years of dividend increases. The 5-year dividend CAGR is +14.9%, demonstrating above-inflation dividend growth.
How often does STLD pay dividends?
Steel Dynamics, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.96 per share. Dividend data on this page covers 22+ years from 2004 to 2026.
How much would $10,000 invested in STLD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in STLD five years ago would be worth approximately $44,634 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is STLD's yield on cost for long-term holders?
STLD's yield on cost — the current dividend divided by the original purchase price — is +5.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.8% market yield, thanks to consistent dividend growth.