01—Abstract
Summary
Summary of the 8-K filed August 19, 2024. Cited figures are marked; the original filing is the authoritative source.
Steel Dynamics, Inc. filed this Form 8-K on August 19, 2024 under Item 8.01 (Other Events) to furnish a press release dated August 16, 2024, announcing that its board of directors declared a third quarter 2024 cash dividend of $0.46a per common share.
The dividend is payable to shareholders of record at the close of business on September 30, 2024, and is payable on or about October 11, 2024. The filing is a routine capital return notice rather than a financial results or operational update. It contains no earnings, revenue, margin, or guidance figures.
The press release is incorporated by reference as Exhibit 99.1, and the filing also includes an Inline XBRL cover page exhibit (Exhibit 104). For investors, the key takeaways are the per-share dividend amount, the record date, and the payment date. The company describes itself as one of the largest domestic steel producers and metals recyclers in North America, with facilities in the United States and Mexico.
02—Key points
Key Highlights
- Board declared a third quarter 2024 cash dividend of $0.46 per common share
- Shareholders of record as of the close of business on September 30, 2024 are eligible to receive the dividend
- Dividend is payable on or about October 11, 2024
- Disclosed under Item 8.01 (Other Events) via Exhibit 99.1, a press release dated August 16, 2024
- Steel Dynamics is described as one of the largest domestic steel producers and metals recyclers in North America, with facilities in the U.S. and Mexico
- Filing contains no earnings, revenue, or operating results figures
03—Questions
Frequently Asked Questions
How much is the Steel Dynamics third quarter 2024 dividend?
The board of directors declared a third quarter 2024 cash dividend of $0.46 per common share.
When must an investor own shares to receive the dividend?
The dividend is payable to shareholders of record at the close of business on September 30, 2024.
When will the dividend be paid?
The dividend is payable on or about October 11, 2024.
What is the purpose of this 8-K filing?
The filing furnishes under Item 8.01 (Other Events) a press release dated August 16, 2024 announcing the third quarter cash dividend. The filing does not report financial results or other operating metrics.
What products does Steel Dynamics make?
According to the press release's company description, Steel Dynamics produces hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections, steel joists and deck, and liquid pig iron, and it processes and sells ferrous and nonferrous scrap.
04—Continue