CMC has been in the news 643% more than usual
Oct 17, 2024, 12:30 PM
10.58%
What does CMC do
Commercial Metals Co., headquartered in Irving, Texas, manufactures and recycles steel products and employs 13,022 people, serving construction needs in North America and Europe. The company operates 43 recycling facilities in the U.S. and has operations in Poland.
CMC has been in the news recently: On October 15, 2024, Commercial Metals Company declared a quarterly dividend of $0.18, marking its 240th consecutive payout. For fiscal year 2024, the company reported fourth quarter net earnings of $103.9 million and annual net earnings totaling $485.5 million, with fourth quarter revenues reaching $2 billion.
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