01—Abstract
Summary
Summary of the 8-K filed November 8, 2024. Cited figures are marked; the original filing is the authoritative source.
Steel Dynamics, Inc. (NASDAQ/GS: STLD) filed a Form 8-K on November 8, 2024 to report under Item 8.01 (Other Events) that it issued a press release announcing a fourth quarter 2024 cash dividend.
The filing states that the board of directors declared a fourth quarter cash dividend of $0.46a per common share. The dividend is payable to shareholders of record at the close of business on December 31, 2024, and is payable on or about January 10, 2025. The filing is a routine notice rather than a financial results report.
It contains no earnings, revenue, or operating figures. The only financial terms it states are the per-share dividend amount and the record and payment dates. The filing also includes a short company description: Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, with facilities in the United States and Mexico, producing a range of flat-rolled, long, and specialty steel products, liquid pig iron, and processed ferrous and nonferrous scrap.
For investors, the key takeaway is the declared quarterly dividend of $0.46b per share. Shareholders of record as of December 31, 2024 are entitled to receive it, with payment expected around January 10, 2025.
The filing was signed by Theresa E. Wagler, Executive Vice President and Chief Financial Officer.
02—Key points
Key Highlights
- Steel Dynamics' board of directors declared a fourth quarter 2024 cash dividend of $0.46 per common share.
- Record date: shareholders of record at the close of business on December 31, 2024.
- Payment date: the dividend is payable on or about January 10, 2025.
- The disclosure was made under Item 8.01 (Other Events) and furnished via Exhibit 99.1, a press release dated November 8, 2024.
- The filing contains no earnings, revenue, or operating results; its only financial terms are the dividend amount and key dates.
- The company is described as one of the largest domestic steel producers and metals recyclers in North America, with facilities in the United States and Mexico.
- The filing was signed by Theresa E. Wagler, Executive Vice President and Chief Financial Officer.
03—Questions
Frequently Asked Questions
How much is the Steel Dynamics dividend declared in this filing?
The board of directors declared a fourth quarter 2024 cash dividend of $0.46 per common share.
Who is eligible to receive the dividend?
Shareholders of record at the close of business on December 31, 2024 are eligible to receive the dividend.
When will the dividend be paid?
The dividend is payable on or about January 10, 2025.
Does this filing report Steel Dynamics' financial results?
No. The filing is a notice of a dividend declaration and does not include earnings, revenue, or other operating figures. It attaches a press release announcing the dividend, which is the only exhibit.
What does Steel Dynamics do?
According to the filing, Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America. It 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, and steel joists and deck, and also produces liquid pig iron and processes and sells ferrous and nonferrous scrap.
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