Nucor Corporation (NUE) said today that its board of directors has increased the regular quarterly cash dividend on the co.’s common stock to $0.3625 per share from $0.36 per share.
This cash dividend is payable on February 11, 2011 to stockholders of record on December 31, 2010, and is Nucor’s 151st consecutive quarterly cash dividend.
Nucor has increased its base dividend every year since it first began paying dividends in 1973.
Shares of Nucor are lower on the session by 13 cents, or 0.24%, currently trading at $41.22.
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