Commercial Metals Raises Quarterly Dividend 11% to $0.20 Per Share
Commercial Metals Co (NYSE: CMC), a steel and construction materials manufacturer, declared a quarterly cash dividend of $0.20 per share, up from $0.18. The payment marks the company's 246th consecutive quarterly dividend.
Commercial Metals Co (NYSE: CMC), a steel reinforcing bar manufacturer and construction solutions provider, declared a quarterly cash dividend of $0.20 per share on March 25, 2026. The dividend represents an 11% increase from the $0.18 per share paid in February 2026. Read more dividend announcements.
The dividend will be paid on April 15, 2026, to shareholders of record as of April 6, 2026. This marks the 246th consecutive quarterly dividend paid by the Irving, Texas-based company.
| Dividend Details | Information |
|---|---|
| Amount | $0.20 per share |
| Record Date | April 6, 2026 |
| Payment Date | April 15, 2026 |
| Previous Amount | $0.18 per share |
| Increase | 11% |
Peter R. Matt, President and Chief Executive Officer, said the announcement demonstrates confidence in the company's cash flow capabilities and financial position. He said the dividend reflects management's commitment to providing shareholders with cash distributions while executing a capital allocation strategy focused on growth and returns to stockholders.
Commercial Metals is a Fortune 500 company and one of the largest U.S. manufacturers of steel reinforcing bar. The company also produces subgrade soil stabilization and foundation enhancement solutions, along with concrete pipe and precast products. CMC operates an extensive manufacturing network primarily in the United States and Central Europe, with operations in the United Kingdom, Europe and Asia.
The company serves infrastructure, non-residential, residential, industrial and energy markets. Founded in 1915, CMC has expanded from a single-site recycling operation to a major steel and construction materials supplier.