The ex-dividend date for Nucor (NYSE:NUE) is tomorrow, March 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $46.28 as of 9:30 a.m., the dividend yield is 3.1%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Nucor (NYSE: NUE) is tomorrow, March 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $46.28 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Nucor has been 2.6 million shares per day over the past 30 days. Nucor has a market cap of $14.86 billion and is part of the basic materials sector and metals & mining industry. Shares are up 7.5% year to date as of the close of trading on Friday. Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The company has a P/E ratio of 29.6, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nucor as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Nucor Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.