CMC Announces Quarterly Dividend of $0.18 Per Share

Rhea-AI Summary

Commercial Metals Company (NYSE: CMC) has declared a regular quarterly cash dividend of $0.18 per share of CMC common stock on October 15, 2024. This marks CMC's 240th consecutive quarterly dividend. The dividend will be paid on November 14, 2024, to stockholders of record as of the close of business on October 31, 2024.

CMC is an innovative solutions provider in the global construction sector, offering products and technologies for critical reinforcement needs. The company's manufacturing network is primarily located in the United States and Central Europe, supporting construction across various applications including infrastructure, non-residential, residential, industrial, and energy generation and transmission.

Positive

• Consistent dividend payment, marking the 240th consecutive quarterly dividend
• Stable dividend amount of $0.18 per share maintained
• Demonstrates company's commitment to returning value to shareholders

Negative

• None.

IRVING, Texas, Oct. 15, 2024 /PRNewswire/ -- Today, October 15, 2024, 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 240th consecutive quarterly dividend will be paid on November 14, 2024, to stockholders of record as of the close of business on October 31, 2024. 

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 the amount of CMC's quarterly dividend for Q4 2024?

CMC has declared a quarterly cash dividend of $0.18 per share of CMC common stock for Q4 2024.

When will CMC's Q4 2024 dividend be paid?

CMC's Q4 2024 dividend will be paid on November 14, 2024.

What is the record date for CMC's Q4 2024 dividend?

The record date for CMC's Q4 2024 dividend is October 31, 2024, at the close of business.

How many consecutive quarterly dividends has CMC paid?

CMC has paid 240 consecutive quarterly dividends, including the recently declared Q4 2024 dividend.