This morning, Commercial Metals Company (NYSE:CMC) declared its quarterly dividend of 12 cents per share, maintaining the maount paid to shareholders the prior quarter. Based on the current stock price, investors can expect a yield of about 2.4% going forward. Shares of CMC were higher on Tuesday, gaining 2.3% today.
In other dividend news, Metlife (NYSE:MET) maintained its quarterly dividend of 27.5 cents per share. Costamare (NYSE:CMRE) maintained its quarterly dividend of 27 cents per share. And TheStreet.com (NASDAQ:TST) maintained its quarterly dividend of 2.5 cents per share.
Among dividend increases, Sovran Self Storage (SSS) announced its quarterly dividend of 68 cents per share, an increase of about 28% over its prior dividend.
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