Russel Metals Inc. (TSE:RUS - Get Free Report) declared a quarterly dividend on Thursday, May 29th, TickerTech Dividends reports. Shareholders of record on Monday, June 16th will be given a dividend of 0.43 per share on Monday, June 16th. This represents a $1.72 annualized dividend and a yield of 4.17%. The ex-dividend date is Thursday, May 29th. This is a 2.4% increase from Russel Metals's previous quarterly dividend of $0.42.
Russel Metals Stock Performance
Shares of RUS stock traded down C$0.23 on Friday, hitting C$41.26. The company's stock had a trading volume of 157,826 shares, compared to its average volume of 170,756. 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's 50 day moving average is C$39.71 and its 200-day moving average is C$41.22. Russel Metals has a fifty-two week low of C$34.62 and a fifty-two week high of C$46.87. The company has a market capitalization of C$2.36 billion, a PE ratio of 13.29, a PEG ratio of 0.59 and a beta of 1.52.
Analyst Ratings Changes
RUS has been the subject of a number of recent analyst reports. National Bankshares cut their target price on Russel Metals from C$58.00 to C$55.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. TD Securities boosted their price target on Russel Metals from C$50.00 to C$52.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Finally, Stifel Nicolaus cut their price objective on shares of Russel Metals from C$54.00 to C$53.00 and set a "buy" rating for the company in a research report on Thursday, May 8th.
View Our Latest Report on Russel Metals
Russel Metals Company Profile
(
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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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