Russel Metals Declares 77th 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 common shares, which will be payable on June 15, 2021. Shareholders of record as of May 27, 2021 will receive the dividend. This marks the 77th consecutive quarterly dividend declared by the company, highlighting its ongoing commitment to returning value to shareholders. Russel Metals operates primarily in metals distribution, encompassing metals service centers, energy products, and steel distributors.

Positive

• Declared a dividend of CA$0.38 per share, enhancing shareholder income.
• 77th consecutive quarterly dividend reflects company stability and commitment.

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• None.

TORONTO, May 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 June 15, 2021 to shareholders of record at the close of business on May 27, 2021.

About Russel Metals
Russel Metals is one of the largest metals distribution companies in North America.  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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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 payable for Russel Metals (RUSMF)?

The dividend will be payable on June 15, 2021.

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

The record date for the dividend is May 27, 2021.

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

Russel Metals has declared its 77th consecutive quarterly dividend.