Get 4.5% yield from Russel Metals

Get 4.5% yield from Russel Metals

This firm hasn’t raised its dividend for several years. That’s mainly because it operates in a cyclical business with unpredictable revenue streams. However, as a leader in its niche industry, its current payments still look secure for income investors.

A new agreement to combine operations with… Read More

Small-cap ETFs for Canadian investors

Smaller firms can sometimes generate higher returns than their larger counterparts, but they are often riskier, less liquid, and may underperform for long periods. One way to offset some of the risk is to focus on ETFs that hold top-quality small-capitalization companies.
Here’s a look… Read More

Get a 4.6% yield from Russel Metals

Get a 4.6% yield from Russel Metals

A new agreement to combine operations with a rival will help the firm compete in a more challenging energy market.

The firm already has a large client base and it should soon have a more diverse product offering and business platform.

RUSSEL METALS INC. (Toronto symbol RUS;… Read More

Key deal set to lift Russel dividend

RUSSEL METALS $34 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 62.3 million; Market cap: $2.1 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) has paid regular quarterly dividends of $0.38 a share… Read More

Russel forms a key partnership

RUSSEL METALS $27.84 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.3 million; Market cap: $1.7 billion; Dividend yield: 5.5%) and Japan’s Marubeni-Itochu Tubulars America have agreed to combine their respective Canadian OCTG/line pipe businesses. These units sell pipe to oil and gas companies.
Over the past… Read More

Wage subsidies buoy its earnings

RUSSEL METALS $25 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 62.2 million; Market cap: $1.6 billion; Dividend yield: 6.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) has paid quarterly dividends of $0.38 a share since the third quarter of… Read More

Enjoy a high 8.3% yield from Russel Metals

Enjoy a high 8.3% yield from Russel Metals

COVID-19-induced slowdowns for this operator’s key markets, which include the oil and gas industry, have impacted both its revenue and earnings.

Still, its very high yield seems sustainable and its strong balance sheet further enhances its investment appeal.

RUSSEL METALS INC. (New York symbol XEC; www.russelmetals.com)… Read More