Steel manufacturer Nucor Corporation declared a quarterly cash dividend just over 40 cents per share on Thursday.

The dividend of precisely $0.4025 is payable Nov. 10 to all shareholders as of Sept. 30, the company said.

The dividend marks 190 consecutive quarters the company has declared a cash dividend.

The Charlotte-based company and its affiliates manufacture steel and steel products, with operating facilities in the United States, Canada and Mexico. Nucor is also North America’s largest recycler.

Nucor Corporation stock was trading at $45.72 per share on Friday, up 33 cents from Thursday.