company-logo

Russel Metals Inc. operates as a metal distribution company in North America. The company operates through three segments: Metals Service Centers, Energy Products, and Steel Distributors. The Metal Service Centers segment sells plates, flat rolled carbon, stainless steel, aluminum, and other non-ferrous specialty metal products, as well as general line steel products, such as plates, structural shapes, bars, sheets, pipes, tubing, and hollow structural steel tubing. It also offers services, including fiber tube and flat laser processing; multi-dimensional press braking and rolling; shearing, slitting, and cutting to length; laser, oxy-fuel, and plasma cutting; stretcher and traditional leveling; beam drilling, notching, coping, and tee-splitting; saw cutting; edge trimming; and cambering. This segment serves customers in industries, such as machinery and equipment manufacturing, construction, ship building, and natural resources. The Energy Products segment distributes flanges, valves, fittings, and tubular goods primarily to energy industry. The Steel Distributors segment operates as a steel distributor for steel service centers and large equipment manufactures. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.

Russel Metals Dividend Announcement

Russel Metals announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-27
Russel Metals annual dividend for 2024 was $1.22
Russel Metals annual dividend for 2023 was $1.16
Russel Metals's trailing twelve-month (TTM) dividend yield is 4.0%
Russel Metals's payout ratio for the trailing twelve months (TTM) is 47.20%
Russel Metals's dividend growth over the last five years (2018-2023) was 5.71% year

Russel Metals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-27$0.30quarterly2024-12-16
2024-08-28$0.31quarterly2024-09-16
2024-05-29$0.31quarterly
2024-02-28$0.30quarterly
2023-11-28$0.29quarterly2023-12-15
2023-08-28$0.29quarterly2023-09-15
2023-05-29$0.29quarterly2023-06-15
2023-02-27$0.28quarterly2023-03-15
2022-11-25$0.28quarterly2022-12-15
2022-08-26$0.29quarterly2022-09-15
2022-05-26$0.30quarterly2022-06-15
2022-02-25$0.30quarterly2022-03-15
2021-11-23$0.30quarterly2021-12-15
2021-08-25$0.30quarterly2021-09-15
2021-05-26$0.32quarterly2021-06-15
2021-02-25$0.30quarterly2021-03-15
2020-11-24$0.29quarterly2020-12-15
2020-08-26$0.29quarterly2020-09-15
2020-05-27$0.28quarterly2020-06-15
2020-02-27$0.28quarterly2020-03-16
2019-11-25$0.29quarterly2019-12-16
2019-08-26$0.29quarterly2019-09-16
2019-05-28$0.28quarterly2019-06-14
2018-11-23$0.29quarterly2018-12-14
2018-05-25$0.29quarterly2018-06-15
2018-02-28$0.30quarterly2018-03-15
2017-11-24$0.30quarterly2017-12-15
2017-08-24$0.30quarterly2017-09-15
2017-05-24$0.28quarterly2017-06-15
2017-03-01$0.29quarterly2017-03-15
2016-11-28$0.28quarterly
2016-08-25$0.29quarterly
2016-05-19$0.29quarterly
2016-02-26$0.28quarterly
2015-11-23$0.28quarterly
2015-08-25$0.29quarterly
2015-05-21$0.31quarterly
2015-02-27$0.30quarterly
2014-11-24$0.34quarterly
2014-08-22$0.35quarterly
2014-05-22$0.32quarterly
2014-03-03$0.32quarterly

Russel Metals Dividend per year

Russel Metals Dividend growth

Russel Metals Dividend Yield

Russel Metals current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Russel Metals stock? Use our calculator to estimate your expected dividend yield:

Russel Metals Financial Ratios

P/E ratio12.13
PEG ratio0.05
P/B ratio1.52
ROE12.51%
Payout ratio47.20%
Current ratio3.85
Quick ratio1.99
Cash Ratio0.83

Russel Metals Dividend FAQ

How much is the next Russel Metals dividend?
Russel Metals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Russel Metals dividend. The next Russel Metals dividend will be released in February, May, August, or November.
When is Russel Metals dividend paid?
Russel Metals pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Russel Metals pay?
The specific amount of Russel Metals dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Russel Metals's dividend history.
Does Russel Metals stock pay dividends?
Yes, Russel Metals does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Russel Metals's dividend history.
How much dividend does Russel Metals pay?
Russel Metals paid $1.217 in 2024, $1.161 in 2023, $1.173 in 2022, $1.22 in 2021, and $1.14 in 2020.
How often does Russel Metals pay dividends?
Russel Metals typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Russel Metals's dividend yield?
The current dividend yield for Russel Metals is 4.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Russel Metals's exact dividend yield.
When does Russel Metals go ex dividend?
Russel Metals's ex-dividend date for the latest dividend was on 2024-11-27. Russel Metals typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Russel Metals dividend paid?
Russel Metals pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Russel Metals increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Russel Metals will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Russel Metals dividend per share?
Russel Metals paid $1.217 per share in 2024 and $1.161 per share in 2023. The amount of dividend per share that Russel Metals pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Russel Metals a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Russel Metals a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Russel Metals a dividend stock?
Yes, Russel Metals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Russel Metals a good dividend stock?
Whether Russel Metals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Russel Metals has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Russel Metals as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Russel Metals pay dividends monthly?
Russel Metals typically pays dividends on a quarterly basis.
Does Russel Metals pay dividends quarterly?
Russel Metals currently pays dividends on a quarterly basis.
Has Russel Metals ever paid a dividend?
Yes, Russel Metals has a history of paying dividends to its shareholders. Russel Metals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Russel Metals dividend stocks?
To buy Russel Metals you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Russel Metals stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Russel Metals pay dividends 2024?
Russel Metals pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Russel Metals increase its dividend in 2024?
Decisions regarding Russel Metals dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Russel Metals dividend overview you can look into the above table of dividend history.
How Russel Metals dividend works?
The Russel Metals dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Russel Metals's dividend process works:

1. Determination of Dividend: Russel Metals's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Russel Metals publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Russel Metals distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Russel Metals are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Russel Metals dividends paid?
Russel Metals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Russel Metals sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Russel Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Russel Metals declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Russel Metals pay dividends?
Russel Metals typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Russel Metals pay dividends?
The general pattern is that Russel Metals pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Russel Metals dividend safe?
The safety of Russel Metals's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Russel Metals's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Russel Metals's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.