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StockNews.com
StockNews.com
Business
Sristi Suman Jayaswal

Is Nucor (NUE) Worth Watching This Week Before Earnings?

Nucor Corporation (NUE) manufactures and sells steel and steel products with operating facilities in the United States, Canada, and Mexico. The company serves heavy equipment, infrastructure, construction, automotive, energy, and agriculture sectors.

NUE’s board of directors declared the regular quarterly dividend of $0.51 per share on its common stock, payable to stockholders on August 11. This will be the 201st consecutive quarterly dividend. The company pays an annual dividend of $2.04 per share, which translates to a dividend yield of 1.25% on current prices.

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