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Russel Metals (Russel Metals) 3-Year Dividend Growth Rate : 1.30% (As of Dec. 2023)


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What is Russel Metals 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Russel Metals's 3-Year Dividend Growth Rate or its related term are showing as below:

RUSMF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -28.7   Med: 8.3   Max: 74.3
Current: 1.3

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.

RUSMF's 3-Year Dividend Growth Rate is ranked worse than
86.36% of 66 companies
in the Industrial Distribution industry
Industry Median: 11.55 vs RUSMF: 1.30

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Russel Metals's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.52. As of today, Russel Metals's Dividend Yield % is 4.09%.

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


Competitive Comparison of Russel Metals's 3-Year Dividend Growth Rate

For the Industrial Distribution subindustry, Russel Metals's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Russel Metals's 3-Year Dividend Growth Rate falls into.



Russel Metals 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Russel Metals  (OTCPK:RUSMF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Russel Metals's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.298/ 0.571
=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.

2. 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 0.4002024-02-282024-02-292024-03-15Cash DividendquarterlyCAD:USD 0.737028
CAD 0.4002023-11-282023-11-292023-12-15Cash DividendquarterlyCAD:USD 0.735998
CAD 0.4002023-08-282023-08-292023-09-15Cash DividendquarterlyCAD:USD 0.738607
CAD 0.4002023-05-302023-05-302023-06-15Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.1790304/29.12
=4.05 %

Current Share Price is $29.12.
Russel Metals's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.1790304.

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%.

* 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 3-Year Dividend Growth Rate Related Terms>


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.