Reminder - Russel Metals (RUS) Goes Ex-Dividend Soon

On 11/24/14, Russel Metals Inc. (TSX: RUS.TO) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 12/15/14. As a percentage of RUS's recent stock price of $30.59, this dividend works out to approximately 1.24%, so look for shares of Russel Metals Inc. to trade 1.24% lower — all else being equal — when RUS shares open for trading on 11/24/14.

Below is a dividend history chart for RUS, showing historical dividends prior to the most recent $0.38 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 4.97% 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 $27.70 per share, with $37.63 as the 52 week high point — that compares with a last trade of $30.59.

In Thursday trading, Russel Metals Inc. shares are currently off about 0.1% on the day.

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