Russel Metals Inc. (RUS) To Go Ex-Dividend on May 28th

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

Russel Metals Stock Up 0.3%

Russel Metals stock opened at C$59.77 on Tuesday. The company’s 50 day simple moving average is C$51.69 and its 200 day simple moving average is C$47.33. Russel Metals has a fifty-two week low of C$39.09 and a fifty-two week high of C$60.41. The firm has a market capitalization of C$3.28 billion, a price-to-earnings ratio of 16.79, a PEG ratio of 0.59 and a beta of 0.95. 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 announced its earnings results on Tuesday, May 5th. The company reported C$1.30 EPS for the quarter. The firm had revenue of C$1.42 billion for the quarter. Russel Metals had a net margin of 4.04% and a return on equity of 12.22%.

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.