NUE pays a dividend of $1.72 per share. NUE's annual dividend yield is 1.77%. Nucor Corp's dividend is lower than the US Steel industry average of 3.55%, and it is lower than the US market average of 4.55%.
Is Nucor dividend safe?
Last year's total dividend payments show that Nucor has a trailing yield of 1.7% on the current share price of $114.3. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. Click here to see the company's payout ratio, plus analyst estimates of its future dividends.
Is Nucor a good stock to buy?
NUE is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. NUE's current P/B looks attractive when compared to its industry's average P/B of 3.55. Over the past year, NUE's P/B has been as high as 2.92 and as low as 1.31, with a median of 2.08.
Is Nucor a good dividend stock?
Nucor has impressed us by growing EPS at 81% per year over the past five years. Earnings per share is growing at a solid clip, and the payout ratio is low which we think is an ideal combination in a dividend stock as the company can quite easily raise the dividend in the future.
Is Nucor stock undervalued?
NUE's P/CF has been as high as 16.21 and as low as 4.82, with a median of 10.68, all within the past year. These are only a few of the key metrics included in Nucor's strong Value grade, but they help show that the stock is likely undervalued right now.