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If You Invested $10,000 in Nucor on Sept. 29, 2015, This Is How Much You Would Have Today


Most of the stocks I own have long histories of annual dividend increases and were bought when their yields were near historical highs. This was the case with (NYSE: NUE) on Sept. 29, 2015, when I bought the stock. Here's a look at how I've done (very well), with a little drill-down into some tough years in between then and now.

I believe that a company that has increased its dividend annually for many years is likely to be well-run. After all, you can't keep hiking the dividend if the business isn't doing well. At this point, North American steel giant Nucor is a Dividend King, with 50 years of annual increases behind it. This is pretty much the pinnacle of success in the dividend world. When I bought it the streak wasn't that long, obviously, but it was still very impressive.

Image source: Getty Images.

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Source Fool.com

Nucor Corp. Aktie

144,50 €
0,56 %
Die Nucor Corp. Aktie zeigt heute einen leichten Anstieg von 0,56 %.
Die Community unterstützt Nucor Corp. leicht, mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 184 € für Nucor Corp. könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 144.5 € führen.
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