Nucor stock is seeing some tailwinds from the recent infrastructure bill in the United States. This bipartisan bill plans to allocate $1.5 trillion to U.S. infrastructure, and as the largest steel recycler in the United States, Nucor (NUE) stands to benefit.
So, is NUE stock a good dividend stock to buy today? To find out, we'll analyze Nucor stock and talk about how it scores in our Quantigence dividend growth strategy.
RESEARCH PIECES USED IN THIS VIDEO:
1. How to Build a Great Dividend Portfolio
• How to Build A Great Dividend Portfolio
CHAPTERS:
00:00 Intro
00:46 The steel industry and politics
03:06 Nucor performance and financials
04:11 Nucor dividend growth and buybacks
07:24 Nucor's business model
10:41 Steel prices
11:20 Conclusion
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