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Commercial Metals Company
As of May 30, 2026 at 24:05 UTC
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About Commercial Metals Company
Commercial Metals Co is a manufacturer and supplier of early-stage construction materials, including steel reinforcing bars, concrete pipes, precast products, and soil stabilization solutions. It also produces merchant bar, steel fence posts, and wire rod, serving domestic and some international markets in Europe and Asia. Its products are used in infrastructure and building projects such as highways, bridges, airports, and commercial and residential buildings.
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Latest News
5 articlesCommercial Metals Company (CMC) announced an 11% increase in its quarterly dividend, raising it from $0.18 to $0.20 per share. The increase reflects management and the board's confidence in CMC's cash flow capabilities, financial position, and business outlook. The dividend will be paid on April 15, 2026, marking CMC's 246th consecutive quarterly dividend.
Gold prices have fallen below $5,000 despite geopolitical tensions, as investors sell the metal to cover losses in declining stock markets and the strengthening US dollar makes it more expensive globally. However, analysts view this weakness as a buying opportunity for gold stocks, which have plunged 16.6-27.3% over two weeks but could rebound 31.9-83.3% if gold resumes its upward trend. Central bank buying and inflation concerns remain supportive factors.
JP Morgan analyst Bill Peterson maintains Overweight ratings on Nucor, Commercial Metals, and Reliance despite predicting mixed Q4 steel earnings. While steel equities have rallied 17% in three months and HRC prices are up 17%, weak underlying demand and seasonal factors are expected to pressure Q4 results. Peterson expects price momentum to continue through Q1 2026, though upside is limited by narrowing import arbitrage and anticipated summer slowdown.
Commercial Metals Company (NYSE:CMC) announced a regular quarterly cash dividend of $0.18 per share, marking its 245th consecutive quarterly dividend. The dividend will be paid on February 2, 2026, to stockholders of record as of January 19, 2026.
Commercial Metals Company (CMC) declared a quarterly cash dividend of $0.18 per share, payable on November 13, 2025, to stockholders of record as of October 30, 2025.