Russel Metals Declares 79th Consecutive Quarterly Common Share Dividend

Russel Metals (TSX: RUS) has declared a dividend of CA$0.38 per share on its common shares, scheduled for payment on December 15, 2021.

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Rhea-AI Summary

Russel Metals (TSX: RUS) has declared a dividend of CA$0.38 per share on its common shares, scheduled for payment on December 15, 2021. Shareholders of record as of November 24, 2021 will receive this dividend. This marks the company's 79th consecutive quarterly dividend, highlighting its commitment to returning value to shareholders. Russel Metals operates in three segments: metals service centers, energy products, and steel distributors, providing a diverse range of metal products across North America.

Positive

Declared a dividend of CA$0.38 per share, indicating strong cash flow.
79th consecutive quarterly dividend represents sustained shareholder returns.

Negative

None.

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11/04/2021 - 05:03 PM EDT

TORONTO, Nov. 4, 2021 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has declared a dividend in the amount of CA$0.38 per share on its common shares, payable on December 15, 2021 to shareholders of record at the close of business on November 24, 2021.

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 products 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. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.

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View original content:https://www.prnewswire.com/news-releases/russel-metals-declares-79th-consecutive-quarterly-common-share-dividend-301417180.html

SOURCE Russel Metals Inc.

FAQ

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What is the dividend amount for Russel Metals (RUSMF)?

Russel Metals has declared a dividend of CA$0.38 per share.

When will the dividend for Russel Metals be paid?

The dividend will be paid on December 15, 2021.

What is the record date for the dividend payment by Russel Metals?

The record date for the dividend payment is November 24, 2021.

How many consecutive quarterly dividends has Russel Metals declared?

Russel Metals has declared its 79th consecutive quarterly dividend.

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Russel Metals Declares 79th Consecutive Quarterly Common Share Dividend