Steel Dynamics held its 2026 Annual Meeting where all seven director nominees were elected, Ernst & Young LLP was ratified as auditors, executive compensation was approved, and a shareholder proposal on political spending was rejected; board declared Q2 2026 dividend of $0.53 per share.
Key takeaways
All seven Board-nominated directors elected with majority support ranging 86.0% to 92.7%.
Ernst & Young LLP ratified as auditors for year ending Dec 31, 2026 with 90.9% votes for.
Advisory approval of 2025 named executive officer compensation passed with 92.8% support.
Shareholder proposal 'Avoid Political Spending Brand Damage' rejected with 37.0% votes for.
Q2 2026 cash dividend of $0.53 per share payable July 10, 2026 to shareholders of record June 30, 2026.
90.12% quorum at Annual Meeting on May 6, 2026 from 144,722,225 shares outstanding.