Russel Metals Inc (RUS) Insider Sells C$151,000.00 in Stock
Russel Metals Inc (TSE:RUS) insider Maureen Ann Kelly sold 5,000 shares of the firm’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of C$30.20, for a total transaction of C$151,000.00.
Shares of Russel Metals Inc (TSE:RUS) traded down C$0.30 during trading hours on Wednesday, reaching C$29.41. 12,439 shares of the company were exchanged, compared to its average volume of 255,783. The firm has a market capitalization of $1,840.00, a P/E ratio of 14.86 and a beta of 0.74. Russel Metals Inc has a 1 year low of C$23.67 and a 1 year high of C$32.65.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 15th will be given a $0.38 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.52 dividend on an annualized basis and a yield of 5.17%. Russel Metals’s payout ratio is currently 76.00%.
Russel Metals Company Profile
Russel Metals Inc is a metals distribution and processing company. The Company primarily distributes steel products. The Company operates through three segments: metals service centers, energy products and steel distributors. The Company provides processing and distribution services to a base of approximately 43,000 end users through a network of 50 locations in Canada and 14 locations in the United States.
Receive News & Ratings for Russel Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Russel Metals and related companies with MarketBeat.com's FREE daily email newsletter.