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|Commercial Metals (CMC) Shares Cross Below 200 DMA
Wednesday, April 5, 4:10 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Commercial Metals Co. (CMC) crossed below their 200 day ...
See How Commercial Metals Ranks Among Analysts' Top Metals Picks
Friday, April 21, 11:48 AM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Commercial Metals Co. (CMC) ...
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Thursday, May 18, 9:03 AM ET, by Market News Video Staff
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CMC Makes Bullish Cross Above Critical Moving Average
Tuesday, May 23, 4:20 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Commercial Metals Co. (CMC) crossed above their 200 day ...
Commercial Metals Stock Sees Short Interest Decrease By 27.6%
Monday, June 12, 1:30 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 05/31/2017 settlement date, which ...
CMC's Strong Dividend History Helps Get It To The Top 5
By Metals Channel Staff, Friday, April 20, 9:49 AM ET
Commercial Metals Co. (NYSE:CMC) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, CMC shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent CMC share price of $14.43 represents a price-to-book ratio of 1.4 and an annual dividend yield of 3.33% — by comparison, the average metals and mining stock in Dividend Channel's coverage universe yields 2.1% and trades at a price-to-book ratio of 2.4. The report also cited the strong quarterly dividend history at Commercial Metals Co., and favorable long-term multi-year growth rates in key fundamental data points.
The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''
The annualized dividend paid by Commercial Metals Co. is $0.48/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 04/09/2012. Below is a long-term dividend history chart for CMC, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
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