As per Steel Dynamics, Inc. (NASDAQ:STLD) statement on 2016-06-15, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.14 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-07-14 and the ex-dividend date is 2016-06-28.
Last fiscal Steel Dynamics, Inc. (NASDAQ:STLD) disbursed cash dividend of $0.14. A year ago, the payout was $0.14, which indicates a difference of 19.5652%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.14, implying 12.8881% growth.
For the period ended on 2015-12-31, Steel Dynamics, Inc. (NASDAQ:STLD)’s earnings came at $0.58 per share compared to EPS of $0.25 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-17. For this quarter, the analysts have earnings estimate of $0.71 per share.
The interim price target for Steel Dynamics, Inc. (NASDAQ:STLD) is set at $29.444. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Steel Dynamics, Inc. (NASDAQ:STLD) is seen at $33 and the lowest level is established at $25. This broad range highlights a standard deviation of $2.505 in reported estimates.
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