CMC Announces Quarterly Dividend of $0.18 Per Share

Rhea-AI Summary

Commercial Metals Company (CMC) has declared its 241st consecutive quarterly cash dividend of $0.18 per share of common stock. The dividend will be paid on January 30, 2025, to stockholders of record as of the close of business on January 16, 2025.

CMC operates primarily in the United States and Central Europe, providing innovative solutions for the global construction sector's reinforcement needs. The company's products and technologies support various construction applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission projects.

Positive

• Maintains consistent dividend payment track record (241 consecutive quarters)
• Demonstrates stable cash flow generation capacity
• Shows commitment to shareholder returns

Negative

• None.

IRVING, Texas, Jan. 2, 2025 /PRNewswire/ -- Today, January 2, 2025, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock. CMC's 241st consecutive quarterly dividend will be paid on January 30, 2025, to stockholders of record as of the close of business on January 16, 2025. 

About CMC

CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, CMC offers products and technologies to meet the critical reinforcement needs of the global construction sector. CMC's solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial and energy generation and transmission.

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SOURCE Commercial Metals Company

FAQ

What is CMC's latest quarterly dividend amount for 2025?

CMC declared a quarterly dividend of $0.18 per share of common stock.

When will CMC's Q1 2025 dividend be paid?

The dividend will be paid on January 30, 2025, to stockholders of record as of January 16, 2025.

How many consecutive quarterly dividends has CMC paid?

CMC has paid 241 consecutive quarterly dividends, demonstrating a long history of consistent shareholder returns.

What is the record date for CMC's January 2025 dividend?

The record date for CMC's dividend is January 16, 2025, at the close of business.

What markets does CMC primarily operate in?

CMC primarily operates through its manufacturing network located in the United States and Central Europe.