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

Buy Russel, hold on to Stuart Olson

RUSSEL METALS $25.04 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (905-819-7777; www.russelmetals.com; Shares outstanding: 62.1 million; Market cap: $1.6 billion; Dividend yield: 6.1%) is one of North America’s largest metal distributors. It serves over 28,000 clients at 51 locations in Canada and 12 in the U.S.
In the three… Read More

These high yields reflect cyclical pressures

Russel Metals and Ford offer investors above average dividend yields. That’s mainly because they operate in cyclical industries with uneven cash flows. Even so, we feel their current dividends are sustainable.
RUSSEL METALS INC. $29 (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares… Read More

Russel Metals is better for new buying

STUART OLSON INC. $7.66 (Toronto symbol SOX; TSINetwork Rating: Speculative) (780-454-3667; www.stuartolson.com; Shares outstanding: 27.5 million; Market cap: $211.0 million; Dividend yield: 6.3%) provides governments and businesses with construction, electrical contracting, earthmoving and insulation services. It mainly operates in Western Canada, but recently expanded into… Read More