Commercial Stock To Go Ex-dividend Monday (CMC)

NEW YORK ( TheStreet) -- The ex-dividend date for Commercial Metals Company (NYSE: CMC) is Monday, April 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $14.64 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Commercial has been 2.1 million shares per day over the past 30 days. Commercial has a market cap of $1.52 billion and is part of the basic materials sector and metals & mining industry. Shares are up 5.5% year to date as of the close of trading on Wednesday.

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. The company has a P/E ratio of 42.5, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Commercial as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Commercial Ratings Report.

See our dividend calendar or top-yielding stocks list.

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