Russel Metals Inc. (TSE:RUS) Announces $0.43 Quarterly Dividend

Key Points

• Russel Metals Inc. has declared a quarterly dividend of $0.43 per share, payable to shareholders of record on September 15th.
• The dividend yield is 4.1%, with the ex-dividend date set for August 28th.
• The company's market capitalization stands at C$2.39 billion, with a P/E ratio of 13.42 and a beta of 1.52.

Russel Metals Inc. (TSE:RUS - Get Free Report) announced a quarterly dividend on Thursday, August 28th, TickerTech Dividends reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.43 per share on Monday, September 15th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, August 28th.

Russel Metals Stock Performance

Shares of RUS opened at C$41.67 on Tuesday. The company has a debt-to-equity ratio of 20.28, a quick ratio of 1.44 and a current ratio of 3.37. The stock has a 50 day moving average price of C$43.16 and a two-hundred day moving average price of C$41.40. The firm has a market capitalization of C$2.39 billion, a P/E ratio of 13.42, a P/E/G ratio of 0.59 and a beta of 1.52. Russel Metals has a 52 week low of C$34.62 and a 52 week high of C$46.87.

About Russel Metals

Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users.

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