Ryerson Holding (RYZ) to Issue Quarterly Dividend of $0.19 on December 17th

Ryerson Holding (NYSE:RYZ) declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, December 3rd will be paid a dividend of $0.1875 per share on Thursday, December 17th. This represents a $0.75 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, December 3rd.

Ryerson Price Performance

Ryerson stock opened at $30.87 on Friday. Ryerson has a 52 week low of $19.34 and a 52 week high of $32.00. The business has a 50-day simple moving average of $25.83 and a 200 day simple moving average of $26.40. The company has a quick ratio of 1.04, a current ratio of 2.21 and a debt-to-equity ratio of 0.73. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 70.64 and a beta of 1.59.

Ryerson (NYSE:RYZ) last announced its earnings results on Wednesday, October 28th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.22. Ryerson had a net margin of 0.21% and a return on equity of 3.64%. The company had revenue of $2.18 billion during the quarter. On average, research analysts forecast that Ryerson will post 1.35 earnings per share for the current fiscal year.

Ryerson Company Profile

Ryerson Holding Corporation is a value-added processor and distributor of industrial metals. The company supplies carbon steel, stainless steel, aluminum, nickel, and copper products to manufacturers and other industrial customers, offering materials in forms such as sheets, plates, coils, bars, tubes, and structural products.

In addition to distributing metals, Ryerson provides processing and fabrication services designed to prepare materials for customer specifications. These services include cutting, slitting, sawing, forming, machining, and other methods that help customers manage their material requirements and supply chains.

Founded in Chicago in 1842 by Joseph T.