STLD Stock — Steel Dynamics Inc.

Steel Dynamics Inc. (STLD)

Updated October 16, 2026.

STLD is a Stock. its distribution rate is 0.88%, its trailing-12-month yield is 0.87%. Dividend Vision Distribution Safety Score™ is 98/100 (Safe). Total return is 8121.3% over the past 29.9 years, 6523.1 points ahead of SPY at 1598.2%.

Steel Dynamics is a U.S.-based steel producer and metal recycler operating through four segments: steel operations (hot rolled, cold rolled, and coated products), metals recycling (ferrous and nonferrous scrap processing), steel fabrication (building components like joists and deck products), and aluminum operations (recycled aluminum products). The company distributes a modest current dividend paid quarterly. Steel Dynamics appeals to income investors seeking exposure to the industrial and construction sectors through a cyclical business with established market positions across multiple end markets.

STLD performance versus SPY

Price and return data through 2026-10-16.

Total return is 8121.3% over the past 29.9 years, 6523.1 points ahead of SPY at 1598.2%. Over the past year its total return — price change plus distributions reinvested — is 70.4%. Its deepest 1-year drawdown was 22.4%.

STLD key facts

Distribution Safety Score™

98 · Safe

Safety-Adjusted Yield

0.86%

Asset type

Stock

Asset class

Equity

Inception date

11/22/1996

Distribution rate

0.88%

Distribution frequency

Quarterly

Trailing yield

0.87%

5-year average yield

1.3

Last close

$240.54 (as of 2026-10-16)

Market cap

$34,476,138,288

Average volume

905800.0

Dividend

$0.53

Ex-dividend date

09/30/2026

Payment date

10/09/2026

Beta

1.486

Payout ratio

18.8%

P/E ratio

21.81

Forward P/E

10.0301

EPS

$11.03

How Dividend Vision calculates yield and returns

Distribution rate (0.88%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.87%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

STLD risks and drawbacks

STLD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 22.4%.

Who may consider STLD — and who may not

STLD may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (STLD pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on STLD

• ETFs holding STLD
• All tickers starting with S

Tagged: Dividend.

Frequently asked questions