"Nucor (NUE) declares its 145th dividend -- awesome company, just awesome." ("The 10% Pullback Mob," 6-3-09)
...
Nucor (NUE) has offered a "hefty dividend" year after year, said Cramer. "You can bank on it."

"The bottom line," he said, "is that you need great management to run a steel company." Nucor's President, Chairman and CEO Dan DiMicco "does a great job." (Cramer's "Stop Trading!" 6-3-09)

"I am worried about the steel stocks. I think Nucor has the best product profile, but I don't think it's going to do well. I'm not a buyer." ("Mad Money Lightning Round," 4-29-09)

Chinese Paving Way for Metals Rally: Keith Walter, co-manager of the Artio Global Equity Fund, says Chinese infrastructure spending will push commodity prices and stocks like Petrobras and Nucor higher.
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The commodities market may soon see its share of activity. Najarian sees some hints of M&A activity with Nucor (NUE) rumored to be looking at Schnitzer (SCHN), which caused a dramatic pop in that stock, which Najarian also bought in to. In this example, the volume was more reminiscent of institutional investors, with large chunks of volume occurring throughout the day.

long term

solid company

Steel exposure

Cramer: Buy Gold: Jim Cramer says the weak dollar is good for stocks and he lists multiple buying opportunities. Real Money TV viewers get Cramer's videos first and commercial free!

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pays good dividend yearly

Nothing to say. Not much going on. Can't get any CEOs to comment. Too close to the end of the quarter. People are dismissive of Nucor (NUE - commentary - Cramer's Take), and happy with Darden (DRI - commentary - Cramer's Take). Meanwhile, Tim Geithner's been silent, and silence is golden. Now if only he would ask one simple question: What are we guaranteeing with AIG (AIG - commentary - Cramer's Take)? It's a sideshow but an important one down the road, not now.
All of these things are of a piece. We are in one of those golden moments when not much is happening, and when we get information, we declare it half-full. I found myself thinking that Nucor's decline has to be some sort of a bottom because utilization rates don't get much lower than this. I found myself thinking that the infrastructure plan will kick in because everyone has now decided it will and that's all that matters.
So often in my career I have had to suspend the "rigor" that got me here. Of course Karen Cramer always explained it differently. She always said that the toughest thing to do is the most rigorous, and sometimes the toughest thing to do is to stay long or buy when things aren't so good and others are fleeing.
That's what this moment is like. Do I believe that Microsoft (MSFT - commentary - Cramer's Take) or Intel (INTC - commentary - Cramer's Take) is doing well? Wrong question. Do I think that Microsoft and Intel are priced for not doing well? Yes.
Same with the transports. I really don't care about the near term for Union Pacific (UNP). I know that business isn't that good. But they have long-term contracts that will see them through, and the stock reflects cancellation of those contracts. So the rigorous thing is to hold, not sell.
It's like that right now. The camps are dichotomous:
1. The rally is a bear-market rally, so forget it, and
2. The fundamentals stink, so forget it.
I am pushing for No. 3: Forget the characterization, find something you can live with because the awful fundamentals are already priced in, and buy!

its a global economy not a private one

Also tough to figure out and follow.

dividend