Commercial Stock To Go Ex-dividend Tomorrow (CMC)

NEW YORK ( TheStreet) -- The ex-dividend date for Commercial Metals Company (NYSE: CMC) is tomorrow, January 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $13.09 as of 10:05 a.m. ET, the dividend yield is 3.6%.

The average volume for Commercial has been two million shares per day over the past 30 days. Commercial has a market cap of $1.53 billion and is part of the basic materials sector and metals & mining industry. Shares are down 4.4% year to date as of the close of trading on Friday.

Commercial Metals Company engages in recycling, manufacturing, fabricating, and distributing steel and metal products, and related materials and services in the United States and internationally.

TheStreet Ratings rates Commercial as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Commercial Ratings Report.

See our dividend calendar or top-yielding stocks list.
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