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

Russel Metals Inc. (TSE:RUS) announced a quarterly dividend on Friday, August 28th, TickerTech Dividends reports. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.44 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, August 28th.

Russel Metals Trading Down 2.2%

Shares of RUS stock opened at C$72.23 on Wednesday. Russel Metals has a 1-year low of C$39.09 and a 1-year high of C$83.12. The company has a market cap of C$3.97 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 0.59 and a beta of 1.21. The company has a debt-to-equity ratio of 27.88, a current ratio of 2.61 and a quick ratio of 1.44. The stock has a 50 day simple moving average of C$68.56 and a 200-day simple moving average of C$58.14.

Russel Metals (TSE:RUS) last released its quarterly earnings results on Thursday, August 6th. The company reported C$1.63 earnings per share (EPS) for the quarter. The firm had revenue of C$1.66 billion for the quarter. Russel Metals had a net margin of 4.04% and a return on equity of 13.09%.

Russel Metals Company Profile

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.