Nucor a Top Ranked SAFE Dividend Stock With 3.0% Yield (NUE)
Fri, Dec 19, 9:44 AM ET, by ETF Channel
Nucor Corp. (NUE) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.0% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Nucor Corp. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.30% of the SPDR S&P Dividend ETF (SDY), which holds $177,142,362 worth of NUE shares.
Nucor Corp. (NUE) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank 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 Corp. is $1.49/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/29/2014. 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 Precision Castparts Corp. (PCP), and Ternium S A (TX).
Read the original article at ETF Channel: Nucor a Top Ranked SAFE Dividend Stock With 3.0% Yield (NUE)
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