Commercial Metals Company Dividends
The next dividend date for Commercial Metals Company has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Commercial Metals Company (CMC)
More About Commercial Metals Company
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, welded steel mesh, wire rod, cold rolled rebar, cold rolled wire rod, assembled rebar cages and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
Owning Commercial Metals Company Stock on the Dividend Date
If you own Commercial Metals Company stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Commercial Metals Company stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Commercial Metals Company stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Commercial Metals Company stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Commercial Metals Company dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Commercial Metals Company Dividends
You can contact us any time if you would like to ask questions about Commercial Metals Company dividends or anything else related to the stock market.