Business
CMC Announces an 11% Increase in Quarterly Dividend
Today, March 25, 2026, the board of directors of CMC (NYSE: CMC) declared a regular quarterly cash dividend of $0.20 per share of CMC common stock, an increase of $0.02, or 11%, from the dividend paid in February 2026. CMC's 246th consecutive quarterly dividend will be paid on April 15, 2026, to stockholders of record as of the close of business on April 6, 2026.
About this update from Commercial Metals Company
[{"type":"text","content":"IRVING, Texas, March 25, 2026 /PRNewswire/ -- Today, March 25, 2026, the board of directors of CMC (NYSE: CMC) declared a regular quarterly cash dividend of $0.20 per share of CMC common stock, an increase of $0.02, or 11%, from the dividend paid in February 2026. CMC's 246th consecutive quarterly dividend will be paid on April 15, 2026, to stockholders of record as of the close of business on April 6, 2026.","length":430,"tagName":"p"},{"type":"text","content":""This announcement demonstrates the high degree of confidence on the part of management and our board of directors regarding CMC's cash flow capabilities, financial position, and fundamental business outlook," said Peter R. Matt, President and Chief Executive Officer. "It also reflects our commitment to providing CMC's stockholders with an attractive level of cash distributions. We are optimistic about the future of CMC, and aim to execute a capital allocation strategy that prioritizes both value-accretive growth and competitive cash returns to stockholders."","length":593,"tagName":"p"},{"type":"text","content":"About CMC","length":9,"tagName":"p"},{"type":"text","content":"CMC is a Fortune 500 company headquartered in Irving, Texas, and a leading provider of early-stage construction solutions that support the foundational phases of modern infrastructure and building projects. Founded in 1915, CMC has grown from a single-site recycling operation to one of the largest U.S. manufacturers of steel reinforcing bar ("rebar"), a leading producer of subgrade soil stabilization and foundation enhancement solutions and a major supplier of concrete pipe and precast products.","length":510,"tagName":"p"},{"type":"text","content":"Through an extensive manufacturing network primarily located in the United States and Central Europe, with strategic operations in the United Kingdom, Europe and Asia, CMC serves infrastructure, non-residential, residential, industrial and energy markets. While often unseen, CMC's products are essential to highways, bridges, airports, commercial buildings and other critical structures that support everyday life.","length":419,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"This news release contains forward-looking stateme...