Commercial Metals Company
CMCIndustrials · Stock · quarterly payer
Forward Yield
1.24%
Annual Dividend
$0.80
Payout Ratio
14%
5-Yr Growth
8.4%
Ex-Date
Jul 6, 2026
Frequency
Quarterly
Summary
As of September 2026, Commercial Metals Company (CMC) yields 1.24% ($0.80 per share annually), with a blended fair-value estimate of $94.37 — +46% upside, so it screens as undervalued. Dividend safety grade: A (95/100). 5 years of dividend growth.
Is CMC a good dividend stock?
YesCommercial Metals Company (CMC) pays a quarterly dividend yielding 1.24% ($0.80/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (14%)
- Strong 8.4% 5-yr dividend growth
- 100% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.24%
- Payout Ratio
- 14%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Jul 6, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.52
- Market Cap
- $7.1B
- P/E Ratio
- 12.2
- 5-Yr Total Return
- 100%
- 52-Week Range
- $53.08 – $84.87
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
CMC Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
+53%
5 Years
+100%
52-Week Range
$53.08 – $84.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CMC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Commercial Metals Company is $94.37 per share, versus a market price of $64.50. That implies 46% of upside — a margin of safety of about 32%.
Fair Value
$94.37
Current Price
$64.50
Upside
+46%
Margin of Safety
32%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 16.3% annual free-cash-flow growth. We model 13.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.9% discount rate (CAPM), 13.0% stage-1 growth, 2.5% terminal growth, $5.29 EPS, $0.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CMC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CMC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 6, 2026 | — | $0.2000 | regular |
| Apr 6, 2026 | — | $0.2000 | regular |
| Jan 16, 2026 | — | $0.1800 | regular |
| Oct 30, 2025 | — | $0.1800 | regular |
| Jun 30, 2025 | — | $0.1800 | regular |
| Mar 31, 2025 | — | $0.1800 | regular |
| Jan 16, 2025 | — | $0.1800 | regular |
| Oct 31, 2024 | — | $0.1800 | regular |
| Jul 1, 2024 | — | $0.1800 | regular |
| Mar 28, 2024 | — | $0.1800 | regular |
| Jan 17, 2024 | — | $0.1600 | regular |
| Oct 25, 2023 | — | $0.1600 | regular |
| Jun 30, 2023 | — | $0.1600 | regular |
| Mar 31, 2023 | — | $0.1600 | regular |
Income Calculator
At $0.80 / yr per share
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