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Stock impact report

Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.18 [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
This means the annual payment will be 1.3% of the current stock price, which is lower than the industry average. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Commercial Metals' Payment Could Potentially Have Solid Earnings Coverage While yield is important, another factor to consider about a company's dividend is whether the current payout levels are feasible. Prior to this announcement, the company was paying out 96% of what it was earning, however the dividend was quite comfortably covered by free cash flows at a cash payout ratio of only 26%. Generally, we think cash is more important than accounting measures of profit, so with the cash flows easily covering the dividend, we don't think there is much reason to worry. According to analysts, EPS should be several times higher next year. If recent patterns in the dividend continue, we could see the payout ratio reaching 14% which is fairly sustainable. NYSE: Show less Read more
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