Russel Metals Inc T.RUS

Alternate Symbol(s): RUSMF

Industrials Industrial Distribution

Russel Metals Inc. is a metals distribution company in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy products and steel distributors. The Company’s network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel and aluminum, and other non-ferrous specialty metals. Its energy field stores carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers. It provides processing and distribution services to a base of approximately 35,000 end users through a network of 45 Canadian locations and 23 United States locations.

TSX:RUS - Post by User

Russel Metals Inc

Bullboard Posts

Comment by stupidemailson Jul 16, 2015 12:45pm

149 Views

Post# 23930409

RE:RE:Buy Out

I'm not sure I would say this company is in trouble as it has a great management team. Yes this is a not so good year but look at the past, they have increased there dividen from 96 cent in 2010 to $1.52 today! Earning this year are down to $1.47 / share BUT projected to bounce back next year to $1.88. At some point the dividen will support the share price, hopefully we are at that point and we have seen the bottom.
Cheers

Bullboard Posts

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