Commercial Metals: Dividend Insights
Portfolio Pulse from Benzinga Insights
Commercial Metals (NYSE:CMC) announced a quarterly dividend of 16 cents per share, with the ex-dividend date set for Friday. Shareholders owning CMC stock by the end of Thursday's session will be eligible for the dividend payout, which will be distributed on July 12, 2023.
June 27, 2023 | 2:46 pm
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Commercial Metals' stock will likely open 16 cents lower on Friday due to the ex-dividend date for the 16 cents per share quarterly dividend.
Commercial Metals' stock price will likely be impacted in the short term due to the ex-dividend date on Friday. The stock will trade lower to reflect the 16 cents per share dividend payout, causing a temporary decrease in the stock price.
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