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Commercial Metals Company Announces a 14% Increase in Quarterly Dividend

Published: 2022-10-11 12:34:00 ET

IRVING, Texas , Oct. 11, 2022 /PRNewswire/ -- Today, October 11, 2022, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.16 per share of CMC common stock, an increase of $0.02, or 14%, from the dividend paid in July 2022. CMC's 232nd consecutive quarterly dividend will be paid on November 10, 2022, to stockholders of record as of the close of business on October 27, 2022.

About Commercial Metals Company

CMC 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. Through our Tensar operations, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through two major product lines: Tensar® geogrids and Geopier® foundation systems.

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SOURCE Commercial Metals Company

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329 South Oyster Bay Road #2085
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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.