Does Commercial Metals Company (CMC) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Commercial Metals Company (CMC) pays a dividend yielding about 1.14% as of July 2026, paid quarterly, four times a year. The latest payment on record was $0.20 per share, ex-dividend July 6, 2026. The forward annual rate is roughly $0.80 per share, about $114 a year on a $10,000 position before tax. The payout takes about 14% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Commercial Metals Company (CMC) pay a dividend?
Yes. Commercial Metals Company distributes a dividend yielding roughly 1.14% as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.20 per share, with an ex-dividend date of July 6, 2026. Annualized, that is about $0.80 per share.
Figures are approximate and tied to the asOf date; verify live numbers before acting. Reported fiscal 2025 earnings were heavily distorted by the one-time Pacific Steel litigation charge, so trailing net income and any P/E built on it understate underlying operations; the sequentially stronger Q1 fiscal 2026 is a cleaner read on run-rate profitability. As with any cyclical steel producer, valuation multiples mean less than where construction demand and steel metal margins sit in the cycle, and the litigation outcome remains an open variable.
CMC dividend at a glance
| 2026-07-06 | $0.2 |
| 2026-04-06 | $0.2 |
| 2026-01-16 | $0.18 |
| 2025-10-30 | $0.18 |
| 2025-06-30 | $0.18 |
| 2025-03-31 | $0.18 |
CMC dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with CMC's investor relations page before relying on it.
Is the CMC dividend covered?
Commercial Metals Company paid out about 14% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the CMC dividend has changed
The latest payment of $0.20 per share compares with $0.18 in the equivalent payment a year earlier (June 30, 2025). That is a change of 11.1% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on CMC's investor relations page.
What CMC's dividend means for you
- Income: about $114 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for CMC the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How CMC dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the CMC dividend
Commercial Metals Company (CMC) pays about 1.14%, or roughly $0.80 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the CMC guide. Walnut can show how CMC fits your real portfolio. It is not an investment adviser.
Investing in Commercial Metals Company with AI
Connect the broker you already use and ask Walnut's AI how CMC fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Commercial Metals Company (CMC) pay a dividend?
+
Yes. Commercial Metals Company pays a dividend yielding roughly 1.14% as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.20 per share with an ex-dividend date of July 6, 2026. That works out to a forward annual rate of about $0.80 per share. Yields move with the share price, so verify the current figure with your broker or CMC's investor relations page before relying on it.
What is CMC's dividend yield?
+
About 1.14% as of July 2026. On a $10,000 position that is roughly $114 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so CMC yields about the same as the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does CMC pay its dividend?
+
Commercial Metals Company pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of July 6, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on CMC's investor relations page, because boards can change both the amount and the timing.
When is CMC's ex-dividend date?
+
The ex-dividend date recorded in our July 2026 data pull is July 6, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check CMC's investor relations page for the next confirmed date.
Has Commercial Metals Company raised its dividend recently?
+
Yes. The latest payment of $0.20 per share is above the $0.18 paid in the same slot a year earlier, an increase of about 11.1%. One raise is not a policy, though: check the multi-year record on CMC's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is CMC's dividend safe?
+
Commercial Metals Company paid out about 14% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in CMC?
+
At a yield of about 1.14%, roughly $114 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are CMC dividends qualified for tax purposes?
+
Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest CMC dividends?
+
Most brokers offer automatic reinvestment (a DRIP) that puts each CMC payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does CMC pay a dividend?
+
Yes. CMC pays a regular quarterly cash dividend, most recently declared at $0.20 per share (about $0.80 annualized), for a modest yield near 1%. The company has a long history of paying dividends, but as a cyclical steel producer its capital returns can vary with the cycle and cash flow. Always check the latest declared dividend and yield before assuming any payout.
Walnut is informational, not investment advice. Dividend figures on this page come from a July 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with CMC's investor relations page or your broker before acting on them.