Commercial Metals Company (NYSE:CMC) Updates On Quarterly Dividend


As per Commercial Metals Company (NYSE:CMC) statement on 2016-06-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.12 per share as dividend to stakeholders. The record date is set as 2016-07-07, the payout date as 2016-07-21 and the ex-dividend date is 2016-07-05.

Last fiscal Commercial Metals Company (NYSE:CMC) disbursed cash dividend of $0.12. A year ago, the payout was $0.12, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.12, implying 0% growth.

For the period ended on 2015-08-31, Commercial Metals Company (NYSE:CMC)’s earnings came at $0.3 per share compared to EPS of $0.25 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $0.29 per share.

The interim price target for Commercial Metals Company (NYSE:CMC) is set at $16.416. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Commercial Metals Company (NYSE:CMC) is seen at $19 and the lowest level is established at $14. This broad range highlights a standard deviation of $1.855 in reported estimates.

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