Commercial Metals Company Announces Quarterly Dividend of $0.14 Per Share

The board of directors of Commercial Metals Company (NYSE: CMC) has declared a quarterly cash dividend of $0.14 per share, marking its 229th consecutive quarterly dividend.

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Rhea-AI Summary

The board of directors of Commercial Metals Company (NYSE: CMC) has declared a quarterly cash dividend of $0.14 per share, marking its 229th consecutive quarterly dividend. This dividend will be paid on February 3, 2022, to stockholders of record as of the close of business on January 20, 2022. CMC operates through a network of facilities, including seven electric arc furnace mini mills and metal recycling facilities in the U.S. and Poland, focusing on manufacturing and recycling steel and metal products.

Positive

Declaring a quarterly dividend of $0.14 enhances shareholder income and demonstrates company confidence.
229 consecutive quarterly dividends reflect stability and reliable returns for investors.

Negative

None.

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News Market Reaction – CMC

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01/06/2022 - 07:34 AM EST

IRVING, Texas, Jan. 6, 2022 /PRNewswire/ -- Today, January 6, 2022, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.14 per share of CMC common stock. CMC's 229th consecutive quarterly dividend will be paid on February 3, 2022, to stockholders of record as of the close of business on January 20, 2022.

About Commercial Metals Company

Commercial Metals Company 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.

View original content:https://www.prnewswire.com/news-releases/commercial-metals-company-announces-quarterly-dividend-of-0-14-per-share-301455468.html

SOURCE Commercial Metals Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is the dividend payment date for CMC?

The dividend payment date for CMC is February 3, 2022.

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

Commercial Metals Company has declared a quarterly dividend of $0.14 per share.

Who is eligible to receive the CMC dividend?

Stockholders of record as of January 20, 2022, are eligible to receive the dividend.

How often does CMC pay dividends?

Commercial Metals Company pays dividends quarterly.

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Commercial Metals Company Announces Quarterly Dividend of $0.14 Per Share