Commercial Metals Company Announces Quarterly Dividend Of $0.12 Per Share

Rhea-AI Summary

Commercial Metals Company (CMC) has declared a quarterly cash dividend of $0.12 per share, marking its 225th consecutive quarterly dividend. The dividend is payable to shareholders of record by the close of business on January 21, 2021, with payment scheduled for February 4, 2021. This regular dividend reflects the company's ongoing commitment to returning value to shareholders while maintaining its strong financial position.

Positive

• Quarterly cash dividend of $0.12 per share announced.
• 225th consecutive quarterly dividend reflects consistent shareholder returns.

Negative

• None.

News Market Reaction – CMC

-1.23%

-1.23% Session move

In the trading session that priced this news, CMC declined 1.23%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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IRVING, Texas, Jan. 7, 2021 /PRNewswire/ -- On January 7, 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 January 21, 2021. The dividend will be paid on February 4, 2021. This cash dividend reflects CMC's 225^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, two rerolling mills, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the U.S. and Poland.

 

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SOURCE Commercial Metals Company

FAQ

What is the amount of the latest dividend declared by CMC?

The latest dividend declared by Commercial Metals Company (CMC) is $0.12 per share.

When is the dividend payable for CMC?

The dividend for CMC is payable on February 4, 2021.

What date must I be a shareholder to receive CMC's dividend?

You must be a shareholder of record by January 21, 2021, to receive the dividend.

How many consecutive dividends has CMC paid?

CMC has paid 225 consecutive quarterly dividends.