Russel Metals Inc. (TSX:RUS) announced
today that it has declared a dividend in the amount of Cdn$0.35 per share on
its common shares, an increase of 17% over the prior rate. The dividend is
payable on June 15, 2012 to shareholders of record at the close of business
on May 30, 2012.
Russel Metals is one of the largest metals
distribution companies in North America. It carries on business in three
metals distribution segments: metals service centers, energy tubular products
and steel distributors, under various names including Russel
Metals, A.J. Forsyth, Acier Leroux,
Acier Loubier, Acier Richler, Arrow Steel Processors, B&T Steel,
Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel,
McCabe Steel, Megantic Metal, Metaux
Russel, Metaux Russel Produits Specialises, Milspec, Norton
Metals, Pioneer Pipe, Russel Metals Specialty
Products, Russel Metals Williams Bahcall, Siemens Laserworks,
Spartan Energy Tubulars, Sunbelt Group, Triumph
Tubular & Supply, Wirth Steel and York-Ennis.
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