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Russel Metals (Russel Metals) Dividend Yield % : 4.29% (As of May. 01, 2024)


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What is Russel Metals Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of Russel Metals is 4.29%.

The historical rank and industry rank for Russel Metals's Dividend Yield % or its related term are showing as below:

RUSMF' s Dividend Yield % Range Over the Past 10 Years
Min: 3.4   Med: 5.56   Max: 12.41
Current: 4.29

During the past 13 years, the highest Dividend Yield of Russel Metals was 12.41%. The lowest was 3.40%. And the median was 5.56%.

RUSMF's Dividend Yield % is ranked better than
74% of 100 companies
in the Industrial Distribution industry
Industry Median: 2.68 vs RUSMF: 4.29

Russel Metals's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.52.

During the past 13 years, the highest Dividend Payout Ratio of Russel Metals was 23.75. The lowest was 0.22. And the median was 0.74.

As of today (2024-05-01), the Forward Dividend Yield % of Russel Metals is 4.26%.

Russel Metals's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

During the past 12 months, Russel Metals's average Dividends Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Russel Metals was 74.30% per year. The lowest was -28.70% per year. And the median was 8.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Russel Metals Dividend Yield % Historical Data

The historical data trend for Russel Metals's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Russel Metals Dividend Yield % Chart

Russel Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.59 6.37 4.61 5.40 3.42

Russel Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.40 4.62 4.19 4.10 3.42

Competitive Comparison of Russel Metals's Dividend Yield %

For the Industrial Distribution subindustry, Russel Metals's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Russel Metals's Dividend Yield % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Russel Metals's Dividend Yield % falls into.



Russel Metals Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Russel Metals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.4000002024-02-282024-02-292024-03-15Cash DividendquarterlyCAD:USD 0.737028
CAD 0.4000002023-11-282023-11-292023-12-15Cash DividendquarterlyCAD:USD 0.735998
CAD 0.4000002023-08-282023-08-292023-09-15Cash DividendquarterlyCAD:USD 0.738607
CAD 0.4000002023-05-302023-05-302023-06-15Cash DividendquarterlyCAD:USD 0.735943

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Russel Metals's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1790304/27.71
=4.25 %

Current Share Price is $27.71.
Russel Metals's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.1790304.

Russel Metals's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.1792448/27.71
=4.26 %

Current Share Price is $27.71.
Russel Metals's Dividends per Share for the forward twelve months is calculated as $0.2948112 * 4 = $1.1792448.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Russel Metals  (OTCPK:RUSMF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Russel Metals Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Russel Metals's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Russel Metals (Russel Metals) Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.

Russel Metals (Russel Metals) Headlines