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IRVING, Texas - Commercial Metals Company (NYSE: CMC), with a market capitalization of $5.53 billion, announced today that its board of directors has declared a quarterly cash dividend of $0.18 per share of common stock, representing a 1.47% dividend yield.
The dividend will be paid on July 9, 2025, to stockholders of record as of the close of business on June 30, 2025, according to a press release statement from the company.
This marks CMC’s 243rd consecutive quarterly dividend payment, highlighting the company’s long-standing dividend distribution history.
Commercial Metals Company operates primarily in the United States and Central Europe, providing reinforcement products and technologies for the global construction sector. The company serves various construction applications including infrastructure, non-residential, residential, industrial, and energy projects. With annual revenue of $7.74 billion and a strong financial health score rated as "GOOD" by InvestingPro, CMC maintains robust operations supported by healthy liquidity, as evidenced by its current ratio of 2.82.
The quarterly dividend announcement represents a continuation of the company’s established shareholder return program. Based on InvestingPro’s Fair Value analysis, CMC currently appears fairly valued in the market. Investors can access 8 additional exclusive ProTips and comprehensive financial metrics through InvestingPro’s detailed research report.
In other recent news, Commercial Metals Company (CMC) reported its financial results for the second quarter of fiscal year 2025, revealing a slight miss on earnings per share (EPS) compared to forecasts. The company posted an EPS of $0.26, falling short of the expected $0.30, while revenue met expectations at $1.75 billion. Concurrently, CMC announced plans to initiate a $150 million tax-exempt bond financing for a new facility in West Virginia, with total project investment projected between $550 million and $600 million. Analyst firms have weighed in on CMC’s prospects, with JPMorgan rating the stock as Neutral with a $52 target, citing concerns about the non-residential construction market and potential overcapacity. UBS also maintains a Neutral rating with a $49 target, noting positive import protection measures that could drive earnings momentum. Despite the mixed earnings report, CMC is optimistic about future quarters, citing strong demand in key markets and ongoing expansion projects. The company is also focusing on sustainability and innovation, as highlighted by their TAG initiative aimed at improving profitability.
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