Nucor Corporation (NYSE:NUE) will release its fourth-quarter financial results, after the closing bell, on Monday, Jan. 27, 2025.
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 63 cents per share, down from $3.16 per share in the year-ago period. Nucor projects quarterly revenue of $6.73 billion, compared to $7.7 billion a year earlier, according to data from Benzinga Pro.
With the recent buzz around Nucor, some investors may be eyeing potential gains from the company’s dividends too. Currently, Nucor offers an annual dividend yield of 1.80%, which is a quarterly dividend amount of 55 cents per share ($2.20 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 …