Nucor Corporation (NUE) has been named to the ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 3.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent report.
According to the at , Nucor is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.17% of the SPDR S&P Dividend ETF (SDY), which holds $169,695,456 worth of NUE shares.
Nucor made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong characteristics;
A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Nucor is $1.50 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/28/2016.
Below is a long-term dividend history chart for NUE, which the report stressed as being of key importance.
NUE operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Ternium SA (ADR) (TX), and Southern Copper Corp (SCCO).
