Analysts expect the company to report quarterly earnings of $1.32 per share. That’s up from 26 cents per share in the year-ago period. The consensus estimate for Commercial Metals’ quarterly revenue is $2.09 billion (it reported $1.75 billion last year), according to Benzinga Pro.
On Jan. 8, Commercial Metals delivered a sharp first-quarter earnings beat on stronger steel margins and construction demand.
Some Commercial Metals investors are eyeing potential gains from the company’s dividends. As of now, Commercial Metals has an annual dividend yield of 1.13%, with a quarterly dividend of 18 cents per share (72 cents per year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To …
This post was originally published here
