Nucor Corp. (NYSE:NUE) insider James R. Darsey sold 71,465 shares of the stock in a transaction that occurred on Monday, July 25th. The stock was sold at an average price of $52.45, for a total transaction of $3,748,339.25. Following the sale, the insider now owns 234,135 shares in the company, valued at $12,280,380.75. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 11th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.375 per share. The ex-dividend date is Tuesday, June 28th. This represents a $1.50 annualized dividend and a dividend yield of 2.79%.
Source: American Banking and Market News