While reporting financial results for the second quarter on Thursday, Commercial Metals Co. (CMC) said it is well-positioned to drive further growth during the second half of fiscal 2026.
On Wednesday, the board of directors approved an 11 percent increase in quarterly dividend payment and declared a quarterly dividend of $0.20 per share of CMC common stock, payable on April 15, 2026to stockholders of record on April 6, 2026.
In Thursday's pre-market trading, CMC is trading on the NYSE at $60.12, down $2.37 or 3.79 percent.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.