The company said its board declared a Q1 cash dividend of $0.50 per common share, an increase of 9% over the company's 2024 quarterly rate.

8-KOther EventsFiled Feb 25, 2025Period of report Feb 24, 2025Summary published (UTC) Oct 17, 2026

Key points

AI summary

The company said its board declared a Q1 cash dividend of $0.50 per common share, an increase of 9% over the company's 2024 quarterly rate.
The company said the dividend is payable to shareholders of record at the close of business on March 31, 2025, and is payable on or about April 11, 2025.
Steel Dynamics said its board authorized an additional share repurchase program of $1.5 billion of common stock, effective immediately and additive to the existing $1.5 billion program authorized on November 3, 2023.
The company said that as of December 31, 2024, $194 million remained authorized and available for repurchase under its existing $1.5 billion program. It also said that since 2017, it has repurchased $6.7 billion of common stock and paid cash dividends of $1.7 billion through December 31, 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Steel Dynamics Declares Q1 Cash Dividend of $0.50 per Share, a 9% Increase

The company said its board declared a Q1 cash dividend of $0.50 per common share, an increase of 9% over the company's 2024 quarterly rate.

Source · Based on the filing body and exhibits

Record and Payment Dates

The company said the dividend is payable to shareholders of record at the close of business on March 31, 2025, and is payable on or about April 11, 2025.

Source · Based on the filing body and exhibits

Board Authorizes Additional $1.5 billion Share Repurchase

Steel Dynamics said its board authorized an additional share repurchase program of $1.5 billion of common stock, effective immediately and additive to the existing $1.5 billion program authorized on November 3, 2023.

Source · Based on the filing body and exhibits

Remaining Capacity Under Existing Program $194 million

The company said that as of December 31, 2024, $194 million remained authorized and available for repurchase under its existing $1.5 billion program. It also said that since 2017, it has repurchased $6.7 billion of common stock and paid cash dividends of $1.7 billion through December 31, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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