Cash Dividend On The Way From Russel Metals (RUS)

On 5/21/15, Russel Metals Inc. (TSX: RUS.TO) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 6/15/15. As a percentage of RUS's recent stock price of $26.19, this dividend works out to approximately 1.45%, so look for shares of Russel Metals Inc. to trade 1.45% lower — all else being equal — when RUS shares open for trading on 5/21/15.

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 5.80% 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 $22.39 per share, with $37.63 as the 52 week high point — that compares with a last trade of $26.19.

In Tuesday trading, Russel Metals Inc. shares are currently off about 0.7% on the day.

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