#1 - Nucor (NYSE:NUE)
The first Dividend King we’re looking at is Nucor Corp. (NYSE: NUE), a steel company that’s headquartered in North Carolina.
In 2025, the where is more important than the what. Investors may not know the ins and outs of steelmaking, but the trade environment is evolving so that companies with an existing manufacturing footprint in the United States are likely to have an advantage.
And in the steel industry, that means Nucor. One problem with steel stocks is that all of the domestic stocks tend to get lumped together. That can make investors feel one stock is as good as any other. But Nucor is one of the most profitable of the U.S. steel companies, and it hasn’t been getting the credit it deserves.
That may be changing. With global trade dynamics shifting, investors are starting to place more weight on earnings strength and operational resilience. That means NUE stock could be ready to break out, and Wall Street is taking notice—analysts currently give the stock a Moderate Buy rating. And let's not forget the company’s dividend, which it has increased for 52 consecutive years.
About Nucor
Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.
More about Nucor- Current Price
- $111.22
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $162.11 (45.8% Upside)
