Russel Metals Declares 76th Consecutive Quarterly Common Share Dividend

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Russel Metals Inc. (TSX: RUS) has declared a dividend of CA$0.38 per share on its common shares, set to be paid on March 15, 2021. Shareholders of record by the close of business on February 26, 2021 will receive this payment. Russel Metals is a leading metals distribution company in North America, operating in three segments: metals service centers, energy products, and steel distributors. This announcement marks the company's 76th consecutive quarterly dividend, highlighting its financial stability and commitment to returning income to shareholders.

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• Declared a dividend of CA$0.38 per share, demonstrating financial stability.
• Marks the 76th consecutive quarterly dividend, indicating reliable income for shareholders.

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• None.

TORONTO, Feb. 10, 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 March 15, 2021 to shareholders of record at the close of business on February 26, 2021.

About Russel Metals
Russel Metals is one of the largest metals distribution companies in North America.  It carries on business in three metals distribution 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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SOURCE Russel Metals Inc.

FAQ

What is the dividend amount declared by Russel Metals (RUSMF)?

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

When is the dividend payment date for Russel Metals (RUSMF)?

The dividend is payable on March 15, 2021.

What is the record date for the dividend from Russel Metals (RUSMF)?

The record date for the dividend is February 26, 2021.

How many consecutive quarterly dividends has Russel Metals (RUSMF) declared?

Russel Metals has declared 76 consecutive quarterly dividends.