Trailing Dividend / Share
$1.96
Steel Dynamics, Inc. (STLD) Dividend History
Income profile from 2004 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.8%
Payout Ratio
24.6%
Sustainable
Dividend Streak
15 years
STLD Dividend Income Check
Safety
24.6% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 5.5% and trend is rising.
STLD Dividend Scorecard
Yield & Income
Dividend Yield0.8%
Trailing DPS$1.96
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout24.6%
Earnings SafetySustainable
FCF Payout42.8%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak15 years
3Y CAGR13.7%
5Y CAGR14.9%
Yield on Cost (5Y)5.5%
YOC Trendrising
Total Returns
Buyback Yield2.6%
Total Shareholder Yield3.4%
1Y Total Return79.9%
5Y Total Return309.7%
Div Contribution (5Y)13.7%
Estimated $10K growth (return + dividends):
5Y ago$40,97210Y ago$100,47520Y ago$150,027
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
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 15 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, 2.6% buyback yield, 3.4% 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 309.7%, with dividends contributing 13.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $100,475 today.
STLD Recent Dividend Payments
Last 20 payments · Annual
TTM Total$8.21
Avg/Payment$0.4105
Latest Change+6.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 31, 2026Latest | $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 |
| Jun 28, 2024 | $0.4600 | — | 1.37% | Jul 12, 2024 |
STLD Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
0.8%
#7 of 7
Safety
Sustainable
24.6% payout
Streak
15Y
14.9% 5Y CAGR
Total Shareholder
3.4%
#4 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| STLDSteel Dynamics, Inc. | $34.4B | 0.8% | 24.6% | 15 | Sustainable |
 NUENucor Corporation | $52.9B | 1.0% | 29.4% | 15 | Sustainable |
2nd  RSReliance Steel & Alu… | $19.0B | 1.3% | 34.4% | 23 | Sustainable |
 CMCCommercial Metals Co… | $7.7B | 1.0% | 96.2% | 4 | At Risk |
3rd  WORWorthington Industri… | $2.7B | 1.2% | 35.3% | 0 | Sustainable |
 ZEUSOlympic Steel, Inc. | $533M | 1.2% | 29.1% | 3 | Sustainable |
1st  SXCSunCoke Energy, Inc. | $602M | 6.8% | — | 6 | Unknown |
STLD Annual Dividend History (1995–2026)
32 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.53 | — | 1 | — | — | — | 1.4% |
| 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 STLD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See STLD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs STLD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare STLD vs LIN
Side-by-side business, growth, and profitability comparison vs Linde plc.
Start ComparisonSTLD — 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 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 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 15 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 15 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 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 $40,972 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.