Nucor (NUE) Dividend Coverage Ratio (2011 - 2026)
Nucor's (NUE) Dividend Coverage Ratio was 8.96 for Q2 2026, up 91.7% from 4.67 a year earlier and up 55.6% from the prior quarter.
Nucor (NUE) Dividend Coverage Ratio (2011 - 2026) Analysis & Trends
Over the twelve months ended Jul 4, 2026, Nucor's Dividend Coverage Ratio came in at 5.63, up 124.3% year-over-year; for FY2025, it came in at 3.41, down 12.3% from FY2024.
- Dividend Coverage Ratio has declined for three consecutive years.
- By year, Dividend Coverage Ratio came in at 3.88 in FY2024 (-55.8%), 8.79 in FY2023 (-38.3%), 14.25 in FY2022 (+0.9%) and 14.12 in FY2021 (+862.3%).
- The Q2 2026 figure ranks as the highest quarterly Dividend Coverage Ratio since Q2 2023.
- Year over year, Dividend Coverage Ratio has now increased in each of the last four quarters, with growth averaging 52.6% over the last eight quarters.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q4 2021 (growth of 494.0%); the low point was Q1 2025 (a decline of 80.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.76 (Q1 2026), 2.98 (Q4 2025) and 4.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 2.02 |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 7.95 |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 4.56 |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 6.57 |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 8.96 |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | - |
| 10 | AngloGold Ashanti | 47.78 Bn | 37.45 Bn | 1.70 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 8.96 |
| Apr 4, 2026 | 5.76 |
| Dec 31, 2025 | 2.98 |
| Oct 4, 2025 | 4.78 |
| Jul 5, 2025 | 4.67 |
| Apr 5, 2025 | 1.21 |
| Dec 31, 2024 | 2.24 |
| Sep 28, 2024 | 1.92 |
| Jun 29, 2024 | 4.96 |
| Mar 30, 2024 | 6.31 |
| Dec 31, 2023 | 6.18 |
| Sep 30, 2023 | 8.91 |
| Jul 1, 2023 | 11.29 |
| Apr 1, 2023 | 8.71 |
| Dec 31, 2022 | 9.67 |
| Oct 1, 2022 | 12.83 |
| Jul 2, 2022 | 19.05 |
| Apr 2, 2022 | 15.23 |
| Dec 31, 2021 | 19.26 |
| Oct 2, 2021 | 17.72 |
Nucor Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NUE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NUE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();