Cash Dividend On The Way From Commercial Metals (CMC)

Looking at the universe of stocks we cover at Dividend Channel, on 4/5/13, Commercial Metals Co. ( CMC) CMC will trade ex-dividend, for its quarterly dividend of $0.12, payable on 4/23/13. As a percentage of CMC's recent stock price of $15.11, this dividend works out to approximately 0.79%, so look for shares of Commercial Metals Co. to trade 0.79% lower — all else being equal — when CMC shares open for trading on 4/5/13.

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Below is a dividend history chart for CMC, showing historical dividends prior to the most recent $0.12 declared by Commercial Metals Co.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CMC is likely to continue, and whether the current estimated yield of 3.18% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, CMC makes up 3.15% of the SPDR S&P Metals and Mining ETF ( XME) XME which is trading up by about 0.2% on the day Wednesday.

In Wednesday trading, Commercial Metals Co. shares are currently up about 0.3% on the day.