Steel Dynamics (STLD)

Price*: $7.28 | Dividend: $0.40 | Dividend Yield: 5.49%

Recommendation Info
We downgraded this stock from the "Recommended" list on 7/18/08, at a price of 30.86.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is slightly underperforming.

2. Overall Yield Attractiveness

Stock's dividend yield is unattractive.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates have been cut slightly.

Price and Dividend Info

Steel Dynamics (STLD)

Previous Day's Closing Price*

$7.28

Annual Stock Dividend

$0.40

Current Dividend Yield

5.49%

Recent Headlines

Dividend Stock Recommendation Changes (GS, JPM, VMI, ATR, TCK, STLD)
Fri, Jul 18, 2008
Steel Names Upgraded, But Don't Chase Them Now (NUE, STLD)
Wed, Jul 9, 2008

Profile & Recommendation

Company Profile

Steel Dynamics- (STLD)-engages in the manufacture and sale of steel products in the United States. It operates in three segments: Steel Operations, Fabrication Operations, and Steel Scrap and Scrap Substitute Operations. The company was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This mid cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.