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

Russel Metals Inc. (TSE:RUS) declared a quarterly dividend on Friday, August 28th, TickerTech Dividends reports. Stockholders of record on Tuesday, September 15th will be paid 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%

TSE:RUS opened at C$72.23 on Wednesday. Russel Metals has a 52-week low of C$39.09 and a 52-week high of C$83.12. The company has a quick ratio of 1.44, a current ratio of 2.61 and a debt-to-equity ratio of 27.88. The stock has a fifty day simple moving average of C$68.56 and a 200-day simple moving average of C$58.14. The company has a market capitalization of C$3.97 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 0.59 and a beta of 1.21.

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

Insider Transactions at Russel Metals

In other Russel Metals news, Director James Francis Dinning sold 3,000 shares of Russel Metals stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of C$80.00, for a total value of C$240,000.00. Following the completion of the sale, the director owned 16,250 shares in the company, valued at C$1,300,000. The trade was a 15.58% decrease in their position. Also, insider Martin Leb Juravsky sold 5,682 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of C$80.40, for a total transaction of C$456,832.80. Following the transaction, the insider directly owned 6,674 shares of the company’s stock, valued at approximately C$536,589.60. This represents a 45.99% decrease in their position. Insiders have sold 61,182 shares of company stock worth $4,464,333 over the last quarter. 0.85% of the stock is currently owned by insiders.

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.