RUS Ex-Dividend Reminder - 3/3/14

On 3/3/14, Russel Metals Inc. (TSX: RUS.TO) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 3/17/14. As a percentage of RUS's recent stock price of $29.65, this dividend works out to approximately 1.18%, so look for shares of Russel Metals Inc. to trade 1.18% lower — all else being equal — when RUS shares open for trading on 3/3/14.

Below is a dividend history chart for RUS, showing historical dividends prior to the most recent $0.35 declared by Russel Metals Inc.:

RUS+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RUS is likely to continue, and whether the current estimated yield of 4.72% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RUS shares, versus its 200 day moving average:

Russel Metals Inc. 200 Day Moving Average Chart

Looking at the chart above, RUS's low point in its 52 week range is $23.23 per share, with $31.62 as the 52 week high point — that compares with a last trade of $29.74.

In Thursday trading, Russel Metals Inc. shares are currently down about 0.5% on the day.

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