Commercial Metals Dividend
Dividend criteria checks 4/6
Commercial Metals is a dividend paying company with a current yield of 1.31% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 1st July, 2024.
Key information
1.3%
Dividend yield
14%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 10 Jul 24 |
Ex dividend date | 01 Jul 24 |
Dividend per share | n/a |
Earnings per share | US$4.92 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18
Mar 23Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.16
Jan 09Recent updates
Commercial Metals Company: Lower Steel Prices Placing Pressure On Net Sales
Jun 25Commercial Metals Company (NYSE:CMC) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Jun 23Commercial Metals Company's (NYSE:CMC) Low P/E No Reason For Excitement
May 21Commercial Metals Company: Time To Take Profits
May 14Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18
Mar 23Improved Earnings Required Before Commercial Metals Company (NYSE:CMC) Shares Find Their Feet
Feb 07Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.16
Jan 09Commercial Metals Company: Strong Enough, Even As Peak Profits Normalize
Jan 01Does Commercial Metals (NYSE:CMC) Have A Healthy Balance Sheet?
Nov 20Calculating The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)
Oct 31Commercial Metals Looking More Interesting After A 25% Pullback
Oct 16Commercial Metals (NYSE:CMC) Has Affirmed Its Dividend Of $0.16
Oct 13Commercial Metals Company: Still Going Strong
Oct 01Commercial Metals: The Rising Star In A Dynamic Market
Jul 19Is Commercial Metals (NYSE:CMC) Using Too Much Debt?
Jul 18Commercial Metals Company: Rock Solid
Jun 26These 4 Measures Indicate That Commercial Metals (NYSE:CMC) Is Using Debt Reasonably Well
Apr 19Is Now The Time To Put Commercial Metals (NYSE:CMC) On Your Watchlist?
Apr 03A Look At The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)
Mar 20Commercial Metals declares $0.16 dividend
Jan 05Commercial Metals (NYSE:CMC) Has A Pretty Healthy Balance Sheet
Jan 04With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case
Dec 20Commercial Metals Company Rose 40% In The Last 12 Months; Will Continue To Surge
Oct 30Commercial Metals (NYSE:CMC) Is Increasing Its Dividend To $0.16
Oct 15Commercial Metals raises dividend by 14% to $0.16/share
Oct 11Commercial Metals Company (NYSE:CMC) Shares Could Be 34% Below Their Intrinsic Value Estimate
Oct 10Is Commercial Metals (NYSE:CMC) A Risky Investment?
Sep 26Commercial Metals Company: Very Impressive
Sep 09With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case
Jul 21Commercial Metals Company (NYSE:CMC) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jul 08Commercial Metals Company: Risks Of A Recession Outweigh The Rewards
Jun 18Commercial Metals Company: A Value Stock With Growth Potential
Apr 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CMC's dividends per share have been stable in the past 10 years.
Growing Dividend: CMC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Commercial Metals Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CMC) | 1.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (CMC) | 1.3% |
Notable Dividend: CMC's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CMC's dividend (1.31%) is low compared to the top 25% of dividend payers in the US market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.6%), CMC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.1%), CMC's dividend payments are well covered by cash flows.