Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including rebar, merchant bar, light structural, and other special sections, as well as semi-finished billets for re-rolling and forging applications. In addition, the company provides fabricated steel products used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
Commercial Metals Dividend Announcement
• Commercial Metals announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-10-31
• Commercial Metals annual dividend for 2024 was $0.70
• Commercial Metals annual dividend for 2023 was $0.64
• Commercial Metals's trailing twelve-month (TTM) dividend yield is 1.12%
• Commercial Metals's payout ratio for the trailing twelve months (TTM) is 16.24%
• Commercial Metals's dividend growth over the last five years (2018-2023) was 5.92% year
• Commercial Metals's dividend growth over the last ten years (2013-2023) was 2.92% year
Commercial Metals Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-31 | $0.18 | quarterly | 2024-11-14 |
| 2024-07-01 | $0.18 | quarterly | 2024-07-10 |
| 2024-03-28 | $0.18 | quarterly | 2024-04-10 |
| 2024-01-17 | $0.16 | quarterly | 2024-02-01 |
| 2023-10-25 | $0.16 | quarterly | 2023-11-09 |
| 2023-06-30 | $0.16 | quarterly | 2023-07-12 |
| 2023-03-31 | $0.16 | quarterly | 2023-04-12 |
| 2023-01-18 | $0.16 | quarterly | 2023-02-02 |
| 2022-10-26 | $0.16 | quarterly | 2022-11-10 |
| 2022-06-28 | $0.14 | quarterly | 2022-07-13 |
| 2022-03-29 | $0.14 | quarterly | 2022-04-13 |
| 2022-01-19 | $0.14 | quarterly | 2022-02-03 |
| 2021-10-26 | $0.14 | quarterly | 2021-11-10 |
| 2021-06-29 | $0.12 | quarterly | 2021-07-14 |
| 2021-03-30 | $0.12 | quarterly | 2021-04-14 |
| 2021-01-20 | $0.12 | quarterly | 2021-02-04 |
| 2020-10-28 | $0.12 | quarterly | 2020-11-13 |
| 2020-07-02 | $0.12 | quarterly | 2020-07-20 |
| 2020-04-03 | $0.12 | quarterly | 2020-04-20 |
| 2020-01-14 | $0.12 | quarterly | 2020-01-30 |
| 2019-11-05 | $0.12 | quarterly | 2019-11-20 |
| 2019-07-03 | $0.12 | quarterly | 2019-07-18 |
| 2019-04-04 | $0.12 | quarterly | 2019-04-18 |
| 2019-01-14 | $0.12 | quarterly | 2019-01-30 |
| 2018-11-06 | $0.12 | quarterly | 2018-11-21 |
| 2018-07-03 | $0.12 | quarterly | 2018-07-19 |
| 2018-04-03 | $0.12 | quarterly | 2018-04-19 |
| 2018-01-12 | $0.12 | quarterly | 2018-01-31 |
| 2017-11-07 | $0.12 | quarterly | 2017-11-22 |
| 2017-07-03 | $0.12 | quarterly | 2017-07-20 |
| 2017-04-03 | $0.12 | quarterly | 2017-04-20 |
| 2017-01-12 | $0.12 | quarterly | 2017-02-01 |
| 2016-11-07 | $0.12 | quarterly | 2016-11-23 |
| 2016-07-05 | $0.12 | quarterly | 2016-07-21 |
| 2016-04-04 | $0.12 | quarterly | 2016-04-21 |
| 2016-01-14 | $0.12 | quarterly | 2016-02-02 |
| 2015-11-06 | $0.12 | quarterly | 2015-11-25 |
| 2015-07-07 | $0.12 | quarterly | 2015-07-23 |
| 2015-04-07 | $0.12 | quarterly | 2015-04-23 |
| 2015-01-15 | $0.12 | quarterly | 2015-02-03 |
| 2014-11-07 | $0.12 | quarterly | 2014-11-26 |
| 2014-07-08 | $0.12 | quarterly | 2014-07-24 |
| 2014-04-07 | $0.12 | quarterly | 2014-04-23 |
| 2014-01-16 | $0.12 | quarterly | 2014-02-04 |
| 2013-11-04 | $0.12 | quarterly | 2013-11-20 |
| 2013-07-05 | $0.12 | quarterly | 2013-07-23 |
| 2013-04-05 | $0.12 | quarterly | 2013-04-23 |
| 2013-01-16 | $0.12 | quarterly | 2013-02-01 |
Commercial Metals Dividend per year
Commercial Metals Dividend growth
Commercial Metals Dividend Yield
Commercial Metals current trailing twelve-month (TTM) dividend yield is 1.12%. Interested in purchasing Commercial Metals stock? Use our calculator to estimate your expected dividend yield:
Commercial Metals Financial Ratios
P/E ratio14.72
PEG ratio0.50
P/B ratio1.66
ROE11.42%
Payout ratio16.24%
Current ratio3.94
Quick ratio2.78
Cash Ratio1.03
Commercial Metals Dividend FAQ
How much is the next Commercial Metals dividend?
Commercial Metals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Commercial Metals dividend. The next Commercial Metals dividend will be released in January, March, June, or October.
When is Commercial Metals dividend paid?
Commercial Metals pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, March, June, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Commercial Metals pay?
The specific amount of Commercial Metals dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Commercial Metals's dividend history.
Does Commercial Metals stock pay dividends?
Yes, Commercial Metals does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Commercial Metals's dividend history.
How much dividend does Commercial Metals pay?
Commercial Metals paid $0.7 in 2024, $0.64 in 2023, $0.58 in 2022, $0.5 in 2021, and $0.48 in 2020.
How often does Commercial Metals pay dividends?
Commercial Metals typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, March, June, and October.
What is Commercial Metals's dividend yield?
The current dividend yield for Commercial Metals is 1.12%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Commercial Metals's exact dividend yield.
When does Commercial Metals go ex dividend?
Commercial Metals's ex-dividend date for the latest dividend was on 2024-10-31. Commercial Metals typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Commercial Metals dividend paid?
Commercial Metals pays dividends on a quarterly basis, typically around January, March, June, or October, but the exact dates can vary each year.
Will Commercial Metals increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Commercial Metals will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Commercial Metals dividend per share?
Commercial Metals paid $0.7 per share in 2024 and $0.64 per share in 2023. The amount of dividend per share that Commercial Metals pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Commercial Metals a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Commercial Metals a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Commercial Metals a dividend stock?
Yes, Commercial Metals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Commercial Metals a good dividend stock?
Whether Commercial Metals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Commercial Metals has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Commercial Metals as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Commercial Metals as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Commercial Metals pay dividends monthly?
Commercial Metals typically pays dividends on a quarterly basis.
Does Commercial Metals pay dividends quarterly?
Commercial Metals currently pays dividends on a quarterly basis.
Has Commercial Metals ever paid a dividend?
Yes, Commercial Metals has a history of paying dividends to its shareholders. Commercial Metals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Commercial Metals dividend stocks?
To buy Commercial Metals you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Commercial Metals stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Commercial Metals stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Commercial Metals pay dividends 2024?
Commercial Metals pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Commercial Metals increase its dividend in 2024?
Decisions regarding Commercial Metals dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Commercial Metals dividend overview you can look into the above table of dividend history.
How Commercial Metals dividend works?
The Commercial Metals dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Commercial Metals's dividend process works:
1. Determination of Dividend: Commercial Metals's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Commercial Metals publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Commercial Metals distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Commercial Metals are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Commercial Metals's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Commercial Metals publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Commercial Metals distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Commercial Metals are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Commercial Metals dividends paid?
Commercial Metals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Commercial Metals sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Commercial Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Commercial Metals declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Commercial Metals sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Commercial Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Commercial Metals declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Commercial Metals pay dividends?
Commercial Metals typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Commercial Metals pay dividends?
The general pattern is that Commercial Metals pays dividends around January, March, June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Commercial Metals dividend safe?
The safety of Commercial Metals's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Commercial Metals's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Commercial Metals's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Commercial Metals's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Commercial Metals's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.