Nucor Announces Increase In Cash Dividend

CHARLOTTE, N.C., Dec. 3, 2014 /PRNewswire/ -- The board of directors of Nucor Corporation NUE increased the regular quarterly cash dividend on Nucor's common stock to $0.3725.  This cash dividend is payable on February 11, 2015, to stockholders of record on December 31, 2014, and is Nucor's 167^th consecutive quarterly cash dividend.

Nucor has increased its regular, or base, dividend for more than 40 consecutive years – every year since it first began paying dividends in 1973.  Reflecting the Nucor team's success in building Nucor's long-term earnings power, the base quarterly dividend has more than tripled since the end of 2007.  Including base dividends, supplemental dividends and share repurchases, Nucor has returned approximately $6.7 billion of capital to its stockholders over the past ten years.

Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nucor-announces-increase-in-cash-dividend-300004247.html

SOURCE Nucor Corporation