Looking at the universe of stocks we cover at Dividend Channel, on 7/7/15, Commercial Metals Co. (NYSE: CMC) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 7/23/15. As a percentage of CMC's recent stock price of $15.93, this dividend works out to approximately 0.75%, so look for shares of Commercial Metals Co. to trade 0.75% lower — all else being equal — when CMC shares open for trading on 7/7/15.
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Below is a dividend history chart for CMC, showing historical dividends prior to the most recent $0.12 declared by Commercial Metals Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CMC is likely to continue, and whether the current estimated yield of 3.01% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of CMC shares, versus its 200 day moving average:
Looking at the chart above, CMC's low point in its 52 week range is $12.80 per share, with $18.67 as the 52 week high point — that compares with a last trade of $15.97.
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According to the ETF Finder at ETFChannel.com, CMC makes up 3.26% of the SPDR S&P Metals and Mining ETF (AMEX: XME) which is trading lower by about 1.7% on the day Monday.
In Monday trading, Commercial Metals Co. shares are currently down about 0.9% on the day.
