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CMC COMMERCIAL METALS dividend history, payout ratio & dates

  1. Stocks
  2. Basic Materials
  3. NYSE: CMC
  4. Dividend

COMMERCIAL METALS's latest quarterly dividend was on Mar 28, 2024 (ex-date) with a payout of $0.18 per share. At an annualized rate of $0.66 per share, the stock yields 1.23%. The latest dividend has an increase of $0.02, or 13% from the prior distribution.

Key dates

  • CMC last dividend date: Mar 28, 2024
  • CMC next dividend date: Not announced
Peer dividends: STLD NUE X MLI WOR
CMC dividend stats
DPS
$0.66
Dividend yield
1.23%
Payout ratio
11.3%
vs. Basic Materials sector
Dividend yield
1.94%
Payout ratio
32.7%

Dividend yield

What is COMMERCIAL METALS current dividend yield

CMC has a dividend yield of 1.23% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 1.94%, COMMERCIAL METALS's dividend yield is 37% lower. The historical 5-year average of CMC's dividend yield is 1.8%, which is more than the current one.

Dividend history

What is CMC dividend payout history and dates

COMMERCIAL METALS has been paying dividends since 1995. CMC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. However with the price of the stock up by 12% from a year ago, the dividend yield has a decrease of 4.5%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 28, 2024 Apr 10, 2024 Mar 20, 2024 $0.18 normal
Jan 17, 2024 Feb 1, 2024 Jan 4, 2024 $0.16 normal
Oct 25, 2023 Nov 9, 2023 Oct 10, 2023 $0.16 normal
Jun 30, 2023 Jul 12, 2023 Jun 21, 2023 $0.16 normal
Mar 31, 2023 Apr 12, 2023 Mar 21, 2023 $0.16 normal
Jan 18, 2023 Feb 2, 2023 Jan 5, 2023 $0.16 normal
Oct 26, 2022 Nov 10, 2022 Oct 11, 2022 $0.16 normal
Jun 28, 2022 Jul 13, 2022 Jun 15, 2022 $0.14 normal
Mar 29, 2022 Apr 13, 2022 Mar 16, 2022 $0.14 normal
Jan 19, 2022 Feb 3, 2022 Jan 6, 2022 $0.14 normal
Oct 26, 2021 Nov 10, 2021 Oct 13, 2021 $0.14 normal
Jun 29, 2021 Jul 14, 2021 Jun 16, 2021 $0.12 normal
Mar 30, 2021 Apr 14, 2021 Mar 17, 2021 $0.12 normal
Jan 20, 2021 Feb 4, 2021 Jan 7, 2021 $0.12 normal
Oct 28, 2020 Nov 13, 2020 Oct 14, 2020 $0.12 normal
Jul 2, 2020 Jul 20, 2020 Jun 16, 2020 $0.12 normal
Apr 3, 2020 Apr 20, 2020 Mar 18, 2020 $0.12 normal
Jan 14, 2020 Jan 30, 2020 Jan 2, 2020 $0.12 normal
Nov 5, 2019 Nov 20, 2019 Oct 22, 2019 $0.12 normal
Jul 3, 2019 Jul 18, 2019 Jun 19, 2019 $0.12 normal
Apr 4, 2019 Apr 18, 2019 Mar 20, 2019 $0.12 normal
Jan 14, 2019 Jan 30, 2019 Jan 2, 2019 $0.12 normal
Nov 6, 2018 Nov 21, 2018 Oct 23, 2018 $0.12 normal
Jul 3, 2018 Jul 19, 2018 Jun 20, 2018 $0.12 normal
Apr 3, 2018 Apr 19, 2018 Mar 21, 2018 $0.12 normal
Jan 12, 2018 Jan 31, 2018 Jan 2, 2018 $0.12 normal
Nov 7, 2017 Nov 22, 2017 Oct 24, 2017 $0.12 normal
Jul 3, 2017 Jul 20, 2017 Jun 21, 2017 $0.12 normal
Apr 3, 2017 Apr 20, 2017 Mar 22, 2017 $0.12 normal
Jan 12, 2017 Feb 1, 2017 Jan 4, 2017 $0.12 normal
Nov 7, 2016 Nov 23, 2016 Oct 25, 2016 $0.12 normal
Jul 5, 2016 Jul 21, 2016 Jun 22, 2016 $0.12 normal
Apr 4, 2016 Apr 21, 2016 Mar 23, 2016 $0.12 normal
Jan 14, 2016 Feb 2, 2016 Jan 4, 2016 $0.12 normal

COMMERCIAL METALS dividend payout ratio

What is COMMERCIAL METALS dividend payout ratio compared to the sector

Payout ratio

CMC has a payout ratio of 11.3% which is lower than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 32.7%, COMMERCIAL METALS's payout ratio is 65% lower.

Total amount of dividends paid per financial year (from cash flow)

CMC dividend vs peer dividends

How does CMC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WOR Worthington Industries Inc 1.93% $1.11 19.9%
STLD Steel Dynamics Inc 1.33% $1.77 12%
CMC COMMERCIAL METALS Co 1.23% $0.66 11.3%
NUE Nucor Corp 1.19% $2.1 11.6%
MLI Mueller Industries Inc 1.11% $0.65 12.7%
X United States Steel Corp 0.54% $0.2 5%

Frequently asked questions

Does COMMERCIAL METALS pay a dividend?

Yes, COMMERCIAL METALS has paid four dividends in the last twelve months. CMC has been paying dividends since 1995.

When is COMMERCIAL METALS's next dividend?

At this point we don't have a record of CMC's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.

When was CMC's last dividend?

COMMERCIAL METALS's last dividend ex-date was on Mar 28, 2024. The dividend amount was $0.18 per share.

How much dividend does COMMERCIAL METALS pay (per share)?

CMC has paid dividend of $0.66 per share in the last year.

What is COMMERCIAL METALS's dividend yield?

Currently COMMERCIAL METALS's dividend yield is 1.23%.

How often does COMMERCIAL METALS pay dividends?

COMMERCIAL METALS has a quarterly dividend frequency.

What is COMMERCIAL METALS's dividend payout ratio?

The dividend payout ratio of COMMERCIAL METALS is 11.3%.

Does COMMERCIAL METALS pay a good dividend?

COMMERCIAL METALS's dividend yield is less than the Basic Materials sector average.