Commercial Metals Company Announces 242nd Consecutive Quarterly Dividend
IRVING, Texas, March 19, 2025 – The board of directors of Commercial Metals Company (CMC) has announced that they will declare a regular quarterly cash dividend of $0.18 per share of CMC common stock. This dividend marks the 242nd consecutive quarterly dividend for the Company, reaffirming its commitment to returning value to shareholders.
Details of the Dividend
The dividend is payable on April 9, 2025, to stockholders of record as of the close of business on March 31, 2025. This dividend is a testament to CMC’s financial stability and strong business performance.
Impact on Individual Investors
For individual investors holding CMC stock, this dividend represents a reliable source of income. With a dividend yield of approximately 1.9%, investors can expect to receive a return of $18 for every 1,000 shares they own. This regular dividend can help supplement their income and provide financial stability.
Impact on the Global Economy
Companies like Commercial Metals, which consistently pay dividends, contribute to economic stability and growth. Dividends provide a source of income for millions of investors worldwide, helping to support their livelihoods and contribute to consumer spending. Additionally, the payment of dividends from companies like CMC can help to attract investment and stimulate economic growth.
Further Insights
According to a recent report by Standard & Poor’s Global Market Intelligence, as of December 31, 2024, only 57 companies in the S&P 500 Index had longer dividend streaks than CMC. This impressive streak is a reflection of the Company’s financial strength and commitment to its shareholders.
Conclusion
The declaration of Commercial Metals Company’s 242nd consecutive quarterly dividend is a significant milestone for the Company and its shareholders. This reliable source of income provides stability and security for individual investors, while contributing to economic stability and growth on a larger scale. With a strong financial position and a commitment to returning value to shareholders, CMC continues to be a reliable investment choice.
- CMC declares 242nd consecutive quarterly dividend of $0.18 per share
- Dividend payable on April 9, 2025, to stockholders of record as of March 31, 2025
- Individual investors to receive a return of $18 for every 1,000 shares owned
- Companies with long dividend streaks contribute to economic stability and growth
