Russel Metals Inc. Announces Quarterly Dividend of $0.44 (TSE:RUS)

Russel Metals Inc. (TSE:RUS) announced a quarterly dividend on Thursday, May 28th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.44 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, May 28th.

Russel Metals Stock Up 0.3%

RUS stock opened at C$59.77 on Tuesday. The company has a market capitalization of C$3.28 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 0.59 and a beta of 0.95. Russel Metals has a 12 month low of C$39.09 and a 12 month high of C$60.41. The firm’s fifty day simple moving average is C$51.69 and its 200-day simple moving average is C$47.33. The company has a debt-to-equity ratio of 29.50, a current ratio of 2.86 and a quick ratio of 1.44.

Russel Metals (TSE:RUS) last issued its earnings results on Tuesday, May 5th. The company reported C$1.30 earnings per share (EPS) for the quarter. Russel Metals had a net margin of 4.04% and a return on equity of 12.22%. The firm had revenue of C$1.42 billion during the quarter.

About Russel Metals

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.