Russel Metals offers investors a 7.6% yield

Russel Metals offers investors a 7.6% yield

Shareholders of this metal distributor continue to benefit from its rising sales on both sides of the U.S.-Canada border. That regional diversity helped lift overall revenue by 11% in the most-recent quarter as selling prices in both markets improved.

Given the company’s unique business model,… Read More

Rising steel spurs Russel

RUSSEL METALS $23.24 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (905-819-7777; www.russelmetals.com; Shares o/s: 62.1 million; Market cap: $1.4 billion; Divd. yield: 6.5%) is one of North America’s largest metal distributors. It serves over 29,000 clients at 51 locations in Canada and 12 in the U.S.
In the three… Read More

Russel can handle U.S. tariffs

RUSSEL METALS INC. $21 (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 62.1 million; Market cap: $1.3 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of North America’s largest metal distributors.
Russel continues to pay quarterly dividends of $0.38 a.. Read More