Commercial Metals Company (NYSE:CMC) Shareholders to Receive $0.20 Quarterly Dividend

Commercial Metals Company (NYSE:CMC – Get Free Report) declared a quarterly dividend on Tuesday, October 13th. Stockholders of record on Wednesday, October 28th will be paid a dividend of $0.20 per share by the basic materials company on Wednesday, November 11th. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, October 28th.

Commercial Metals has raised its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 4 years. Commercial Metals has a dividend payout ratio of 18.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Commercial Metals to earn $7.44 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 10.8%.

Commercial Metals Trading Up 1.1%

Shares of CMC traded up $0.73 during trading hours on Tuesday, reaching $64.81. The stock had a trading volume of 1,399,699 shares, compared to its average volume of 1,196,147. The company has a quick ratio of 1.54, a current ratio of 2.33 and a debt-to-equity ratio of 0.73. Commercial Metals has a 52 week low of $53.08 and a 52 week high of $84.87. The firm has a 50-day moving average of $67.54 and a 200 day moving average of $68.21. The company has a market cap of $7.17 billion, a P/E ratio of 12.20, a P/E/G ratio of 0.33 and a beta of 1.53.

Trending Headlines about Commercial Metals

Here are the key news stories impacting Commercial Metals this week:

  • Positive Sentiment: Analysts raised earnings forecasts: Zacks increased its FY2026 EPS estimate to $6.66 from $6.64, FY2027 to $7.21 from $7.18, and FY2028 to $7.39 from $7.36. Estimates for several individual quarters were also lifted, including Q4 2026 EPS to $1.93 from $1.91. The revisions indicate somewhat stronger expected earnings momentum. Zacks estimate revisions
  • Positive Sentiment: Dividend continuity supports investor confidence: CMC declared its regular $0.20-per-share quarterly dividend, payable November 11 to shareholders of record October 28. This will mark the company’s 248th consecutive quarterly dividend, reinforcing its appeal to income-oriented investors. CMC quarterly dividend announcement
  • Neutral Sentiment: The dividend was maintained rather than increased, and Zacks kept its “Hold” rating. The forecast improvements were small, so they provide a modest positive signal rather than a major change in CMC’s outlook.

Commercial Metals Company Profile

(Get Free Report)

Commercial Metals Company (NYSE: CMC) is a steel and metals manufacturer, fabricator and recycler headquartered in Irving, Texas. Founded in 1915, the company operates a vertically integrated business that collects and processes ferrous scrap, produces steel and supplies products used in construction and infrastructure projects.

CMC’s product portfolio includes reinforcing bar, merchant bar, wire rod, structural components and other steel products. Through its fabrication and construction services, the company also processes and prepares reinforcing steel for commercial, industrial, transportation and other building projects.

Further Reading

Dividend History for Commercial Metals (NYSE:CMC)

Receive News & Ratings for Commercial Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Metals and related companies with MarketBeat.com's FREE daily email newsletter.