Commercial Metals Company (CMC) Board Approves Cash Dividend as Earnings Grow

Group 1 - Commercial Metals Company (CMC) is recognized as one of the top steel stocks to buy amid US tariffs, with a commitment to shareholder value affirmed by the board of directors [1] - The board approved a quarterly cash dividend of $0.18 per share, to be paid on November 13 to shareholders of record as of October 30, marking 224 consecutive quarters of dividend payments [2] - CMC reported impressive fourth-quarter results, with earnings increasing to $151.78 million, or $1.35 per share, compared to $103.93 million, or $0.90 per share in the same quarter last year, and revenue up 5.9% to $2.11 billion [3] Group 2 - CMC operates as a global company that recycles and manufactures steel products for various industries, including construction, manufacturing, energy, and agriculture, utilizing a vertically integrated model that combines scrap metal recycling with steel production and fabrication [4]