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Stock impact report

Commercial Metals Dividend Increase Highlights Earnings Growth From Precast Acquisitions [Yahoo! Finance]

Commercial Metals Company (CMC) 
Last commercial metals company earnings: 3/19 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.cmc.com
Company Research Source: Yahoo! Finance
Commercial Metals (NYSE:CMC) announced an 11% increase to its regular quarterly dividend. The company reported year over year growth in revenue and net income for its latest quarter. Recent acquisitions in precast concrete operations contributed to the earnings performance. For investors tracking NYSE:CMC, this update arrives with the stock trading at $61.79 and showing a 49.8% return over the past year. The move to raise the dividend highlights the company's financial position, and the earnings contribution from precast concrete acquisitions emphasizes the importance of this business line to Commercial Metals broader results. These developments may prompt you to reassess how Commercial Metals fits into your income and growth mix, especially given its 37.1% return over 3 years and 116.7% return over 5 years. At the same time, the shares are down 13.9% year to date and 13.7% over the past month, so it is worth considering how recent price action aligns with your risk tolerance Show less Read more
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