Warning: Income Investors May Have Missed This Dividend King's Latest Dividend Increase
(NYSE: NUE) is one of the largest and most diversified steel makers in North America. On the same day, it announced some good news and some bad news.
Wall Street tends to think short term, so the bad news attracted a lot more attention. Long-term dividend investors, however, should pay far more attention to the good news.
Steel is a highly cyclical industry, prone to swift ups and downs over short periods of time based on shifts in demand and pricing. Over longer periods, capital investment is a huge driver of the company's financial results.
Source Fool.com
Nucor Corp. Stock
€116.10
-0.780%
With 21 Buy predictions and not a single Sell prediction Nucor Corp. is an absolute favorite of our community.
As a result the target price of 150 € shows a positive potential of 29.2% compared to the current price of 116.1 € for Nucor Corp..
