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Russel Metals Stock

Russel Metals Dividend 2024

Russel Metals Dividend

1.58 CAD

Russel Metals Dividend yield

3.85 %

Ticker

RUS.TO

ISIN

CA7819036046

WKN

856568

How much dividend does Russel Metals 2024 pay?

According to the latest status from September 2024, Russel Metals paid a total of 1.58 CAD per share in dividends within the last 12 months. With the current Russel Metals price of 41 CAD, this corresponds to a dividend yield of 3.85 %. A dividend is paid times per year.

3.85 % Dividend Yield=
1.58 CAD Dividend
41 CAD Stock Price

Historical Russel Metals Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
9/28/20240.42
6/29/20240.42
3/28/20240.4
12/28/20230.4
9/28/20230.4
6/29/20230.4
3/27/20230.38
12/25/20220.38
9/26/20220.38
6/26/20220.38
3/25/20220.38
12/23/20210.38
9/25/20210.38
6/26/20210.38
3/25/20210.38
12/24/20200.38
9/26/20200.38
6/27/20200.38
3/27/20200.38
12/25/20190.38
1
2
3
4
5
...
6

Russel Metals dividend history and estimates

In 2023, Russel Metals paid a dividend amounting to 1.58 CAD. Dividend means that Russel Metals distributes a portion of its profits to its owners.

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Dividend (Estimate)
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Dividend

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Dividend Overview

The dividend per year chart for Russel Metals provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Russel Metals’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Russel Metals's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Russel Metals Dividend History

DateRussel Metals Dividend
2026e1.59 undefined
2025e1.66 undefined
2024e1.71 undefined
20231.58 undefined
20221.52 undefined
20211.52 undefined
20201.52 undefined
20191.52 undefined
20181.52 undefined
20171.52 undefined
20161.52 undefined
20151.52 undefined
20141.46 undefined
20131.4 undefined
20121.35 undefined
20111.15 undefined
20101 undefined
20091 undefined
20081.8 undefined
20071.75 undefined
20061.5 undefined
20050.9 undefined
20040.5 undefined

Is the Russel Metals Dividend Safe?

Russel Metals has been increasing the dividend for 2 years.

Over the past 10 years, Russel Metals has increased it by an annual 1.217 %.

Over a five-year period, the distribution increased by 0.777%.

Analysts expect a Dividend Increase of 4.143% for the current fiscal year.

Russel Metals dividend payout ratio

In 2023, Russel Metals had a payout ratio of 145.84%. The payout ratio indicates the percentage of the company's profits that Russel Metals distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Russel Metals represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Russel Metals could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Russel Metals's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Russel Metals Payout Ratio History

DateRussel Metals Payout ratio
2026e96.36 %
2025e78.7 %
2024e64.54 %
2023145.84 %
202225.72 %
202122.06 %
2020389.74 %
2019123.58 %
201843.18 %
201776 %
2016150.5 %
2015-107.04 %
201481.11 %
2013102.19 %
201283.33 %
201165.34 %
2010104.17 %
2009-64.94 %
200849.05 %
2007100 %
200657.03 %
200536.89 %
200414.11 %

Dividend Details

Understanding Russel Metals's Dividend Distributions

Russel Metals’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Russel Metals's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Russel Metals's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Russel Metals’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Russel Metals Aktienanalyse

What does Russel Metals do?

Russel Metals Inc is a Canadian company headquartered in Mississauga, Ontario. It was founded in 1929 and has since become one of the leading steel and metal distributors in North America. The main business areas of Russel Metals include procurement, processing, and sales of steel and metal products. The company operates in three main divisions: Service Center, Energy Products, and Steel Distribution. The Service Center division offers a wide range of products, including carbon steels and stainless steels. The Energy Products division specializes in pipeline products, while the Steel Distribution division focuses on selling steel products in the North American market. Russel Metals offers a variety of products, including bars, channels, pipes, plates, structures, sheets, and coils. The company also provides specialty and custom products and services such as cutting, drilling, punching, and bending. Over the years, Russel Metals has expanded its presence in North America through acquisitions and strategic takeovers. The company has made several acquisitions in recent years, including the purchase of Apex Distribution in 2015 and Leroux Steel in 2016. These acquisitions have helped Russel Metals expand its market presence in North America and diversify its business. Russel Metals places a strong emphasis on sustainability and is committed to environmentally friendly business practices. The company has taken measures to improve its energy and resource efficiency and is working to reduce its ecological footprint. Russel Metals also prioritizes customer orientation and works closely with its clients to provide tailored solutions that meet their specific requirements. Overall, Russel Metals is a leading steel and metal distributor in North America that strengthens its position through strategic acquisitions, excellent customer service, and a wide portfolio of high-quality products and services. The company has a strong presence in various markets, including construction, oil and gas industry, mining, and transportation, and is well positioned for further growth and expansion. Russel Metals is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Russel Metals stock

How much dividend does Russel Metals pay?

Over the past 12 months, Russel Metals paid a dividend of 1.58 CAD . This corresponds to a dividend yield of about 3.85 %. For the coming 12 months, Russel Metals is expected to pay a dividend of 1.66 CAD.

What is the dividend yield of Russel Metals?

The current dividend yield of Russel Metals is 3.85 %.

When does Russel Metals pay dividends?

Russel Metals pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Russel Metals?

Russel Metals paid dividends every year for the past 23 years.

What is the dividend of Russel Metals?

For the upcoming 12 months, dividends amounting to 1.66 CAD are expected. This corresponds to a dividend yield of 4.05 %.

In which sector is Russel Metals located?

Russel Metals is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Russel Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Russel Metals from 9/16/2024 amounting to 0.42 CAD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did Russel Metals pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Russel Metals in the year 2023?

In the year 2023, Russel Metals distributed 1.52 CAD as dividends.

In which currency does Russel Metals pay out the dividend?

The dividends of Russel Metals are distributed in CAD.

Andere Kennzahlen von Russel Metals

Our stock analysis for Russel Metals Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Russel Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.