Commercial Metals Company Announces Quarterly Dividend Of $0.12 Per Share

(Neutral)

Rhea-AI Summary

On March 17, 2021, Commercial Metals Company (NYSE: CMC) announced a quarterly cash dividend of $0.12 per share, marking the 226th consecutive quarterly dividend. The dividend is to be paid on April 14, 2021, to shareholders on record as of March 31, 2021. This decision highlights CMC's ongoing commitment to returning income to its shareholders amidst its operations in manufacturing, recycling, and fabricating steel and metal products across various facilities in the U.S. and Poland.

Positive

Quarterly cash dividend of $0.12 per share enhances shareholder returns.
Maintains a strong track record with the 226th consecutive dividend.

Negative

None.

News Market Reaction – CMC

+0.11%

+0.11% Session move

In the trading session that priced this news, CMC gained 0.11%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

03/17/2021 - 08:41 AM

IRVING, Texas, March 17, 2021 /PRNewswire/ -- Today, March 17, 2021, 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 March 31, 2021. The dividend will be paid on April 14, 2021. This cash dividend reflects CMC's 226^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 including seven electric arc furnace ("EAF") mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the U.S. and Poland.

View original content:http://www.prnewswire.com/news-releases/commercial-metals-company-announces-quarterly-dividend-of-0-12-per-share-301249363.html

SOURCE Commercial Metals Company

FAQ

What is the dividend amount declared by CMC?

Commercial Metals Company declared a dividend of $0.12 per share.

When is the dividend payment date for CMC?

The dividend is payable on April 14, 2021.

What is the record date for CMC's dividend?

The record date for the dividend is March 31, 2021.

How often does CMC pay dividends?

Commercial Metals Company pays dividends quarterly.

How many consecutive dividends has CMC paid?

CMC has paid 226 consecutive quarterly dividends.