Better Dividend Stock: Nucor vs. Steel Dynamics
Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD) have a lot of similarities, which makes sense, since Nucor alumni founded Steel Dynamics.That said, these two U.S. steelmakers are not interchangeable investments. Dividend investors considering stepping into the cyclical steel industry while it is dealing with some industry softness will want to carefully consider what Nucor and Steel Dynamics offer before buying either one.Here's a quick primer.Continue reading
Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD) have a lot of similarities, which makes sense, since Nucor alumni founded Steel Dynamics.
That said, these two U.S. steelmakers are not interchangeable investments. Dividend investors considering stepping into the cyclical steel industry while it is dealing with some industry softness will want to carefully consider what Nucor and Steel Dynamics offer before buying either one.
Here's a quick primer.
