NEW YORK (
) -- The ex-dividend date for
Commercial Metals Company
) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $16.80 as of 9:30 a.m. ET, the dividend yield is 2.9%.
The average volume for Commercial has been 1.3 million shares per day over the past 30 days. Commercial has a market cap of $1.9 billion and is part of the
industry. Shares are up 1.3% year to date as of the close of trading on Monday.
Commercial Metals Company engages in recycling, manufacturing, fabricating, and distributing steel and metal products, as well as providing related materials and services in the United States and internationally.
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TheStreet Ratings rates Commercial as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally poor debt management. You can view the full