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Russel Metals Declares 82nd Consecutive Quarterly Common Share Dividend
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dividends
TORONTO, Aug. 10, 2022 /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 September 15, 2022 to shareholders of record at the close of business on August 29, 2022.
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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russel metals inc. (russel metals or the company) is one of the largest metals distribution and processing companies in north america. the company primarily distributes steel products and conducts its distribution business in three principal business segments: metals service centers; energy products and steel distributors. metal service centers we provide processing and distribution services to a broad base of customers. we service all major geographic regions of canada and the southeastern and midwestern regions in the united states. to service our customer base we carry a broad 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. we purchase these products primarily from north american steel producers and package and sell them to end users in accordance with their specific needs. we service a wide variety of industrie