secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0000022444-24-000054
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMC boosts quarterly dividend 13% to $0.18/share; payable Apr 10
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- Regular quarterly cash dividend increased 13% to $0.18 per share from $0.16 previously.
- Dividend payable April 10, 2024 to stockholders of record as of April 1, 2024; marks 238th consecutive quarterly dividend.
- CEO Peter Matt cites confidence in cash flow, financial position, and business outlook as rationale for increase.
- Increase follows recent expansion of share repurchase authorization, underscoring commitment to shareholder returns.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000002244424000054/0000022444-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000002244424000054/cmc-20240320.htm
  HTML page:      https://secwatch.observer/filing/0000022444-24-000054

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