Commercial Metals Company Announces Quarterly Dividend Of $0.12 Per Share

Rhea-AI Summary

Commercial Metals Company (NYSE: CMC) has declared a quarterly cash dividend of $0.12 per share, marking its 224th consecutive quarterly dividend. This dividend will be payable to stockholders of record as of October 29, 2020, with payment set for November 13, 2020. CMC operates a network of facilities, including electric arc furnace mini mills and metal recycling plants in the U.S. and Poland, focusing on the manufacture and recycling of steel and metal products.

Positive

• Quarterly dividend of $0.12 per share reflects consistent income for shareholders.
• Continuation of dividends indicates company stability and confidence.

Negative

• None.

IRVING, Texas, Oct. 14, 2020 /PRNewswire/ -- Today, October 14, 2020, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 per share of CMC common stock. The dividend is payable to stockholders of record as of the close of business on October 29, 2020. The dividend will be paid on November 13, 2020. This cash dividend reflects CMC's 224^th consecutive quarterly dividend.

About Commercial Metals Company

Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network of facilities that includes seven electric arc furnace ("EAF") mini mills, two EAF micro mills, two rerolling mills, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland.

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SOURCE Commercial Metals Company

FAQ

What is the dividend amount declared by CMC in October 2020?

CMC declared a quarterly cash dividend of $0.12 per share.

When is the dividend payable to shareholders?

The dividend will be paid on November 13, 2020.

What is the record date for CMC's October 2020 dividend?

The record date for the dividend is October 29, 2020.

How many consecutive quarterly dividends has CMC declared?

CMC has declared its 224th consecutive quarterly dividend.

In which countries does CMC operate its facilities?

CMC operates facilities in the United States and Poland.