STOCK TITAN

Commercial Metals Company Announces Quarterly Dividend of $0.16 Per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

On January 5, 2023, Commercial Metals Company (NYSE: CMC) declared a quarterly cash dividend of $0.16 per share, marking its 233rd consecutive dividend. This dividend is set to be paid on February 2, 2023, to shareholders on record by the close of business on January 19, 2023. CMC operates in steel and metal production, recycling, and fabrication, with facilities in the U.S. and Poland and offers innovative ground and soil stabilization solutions worldwide.

Positive
  • Regular quarterly cash dividend of $0.16 per share indicates consistent financial performance.
  • 233rd consecutive dividend reflects company stability and reliability.
Negative
  • None.

IRVING, Texas, Jan. 5, 2023 /PRNewswire/ -- Today, January 5, 2023, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.16 per share of CMC common stock. CMC's 233rd consecutive quarterly dividend will be paid on February 2, 2023, to stockholders of record as of the close of business on January 19, 2023.

About Commercial Metals Company

CMC and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace ("EAF") mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses and metal recycling facilities in the United States and Poland. Through its Tensar operations, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through two major product lines: Tensar® geogrids and Geopier® foundation systems.

 

Cision View original content:https://www.prnewswire.com/news-releases/commercial-metals-company-announces-quarterly-dividend-of-0-16-per-share-301714276.html

SOURCE Commercial Metals Company

FAQ

What is the dividend amount declared by CMC?

Commercial Metals Company declared a quarterly cash dividend of $0.16 per share.

When will CMC's dividend be paid?

The dividend will be paid on February 2, 2023.

What is the record date for CMC's dividend?

The record date for the dividend is January 19, 2023.

How many consecutive dividends has CMC paid?

CMC has paid 233 consecutive quarterly dividends.

Commercial Metals Company

NYSE:CMC

CMC Rankings

CMC Latest News

CMC Stock Data

6.83B
115.71M
0.84%
92.03%
2.66%
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
Link
United States of America
IRVING