COMMERCIAL METALS's latest quarterly dividend was on Jan 18, 2023 (ex-date) with a payout of $0.16 per share. At an annualized rate of $0.6 per share, the stock yields 1.06%.
CMC has a dividend yield of 1.06% 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 1.74%, COMMERCIAL METALS's dividend yield is 39% lower. The historical 5-year average of CMC's dividend yield is 2.1%, which is more than the current one.
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 15% since twelve months ago. However with the price of the stock up by 61% from a year ago, the dividend yield has a decrease of 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
CMC has a payout ratio of 5.8% 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 27.4%, COMMERCIAL METALS's payout ratio is 79% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SCHN Schnitzer Steel Industries Inc | 2.23% | $0.75 | 20.2% |
| WOR Worthington Industries Inc | 1.91% | $1.18 | 26.6% |
| MLI Mueller Industries Inc | 1.42% | $1 | 8.7% |
| NUE Nucor Corp | 1.14% | $2.01 | 6.3% |
| CMC COMMERCIAL METALS Co | 1.06% | $0.6 | 5.8% |
| STLD Steel Dynamics Inc | 1.06% | $1.36 | 6% |
| X United States Steel Corp | 0.67% | $0.2 | 1.5% |
Yes, COMMERCIAL METALS has paid four dividends in the last twelve months. CMC has been paying dividends since 1995.
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 April 2023.
COMMERCIAL METALS's last dividend ex-date was on Jan 18, 2023. The dividend amount was $0.16 per share.
CMC has paid dividend of $0.6 per share in the last year.
Currently COMMERCIAL METALS's dividend yield is 1.06%.
COMMERCIAL METALS has a quarterly dividend frequency.
The dividend payout ratio of COMMERCIAL METALS is 5.8%.
COMMERCIAL METALS's dividend yield is less than the Basic Materials sector average.