Why it’s on the map
Largest US metals service center; record Q2 tons, EPS +42%.
Government money & contracts
None.
Customers & commercial
Broad industrial.
Catalysts
Q3.
Risk
Distributor 'records' are pass-through and inventory gains.
Tariff durability
Highest-quality distributor.
Dividend · #32 of 47 payers by yield
1.14% yield
$5.00 a share a year · quarterly · pays Mar · Jun · Aug · Dec
Per payment$1.25a share, 4× a year
Next payoutDec 4declared · $1.25 a share
Last ex-dateAug 14, 2026next ex-date Nov 20, 2026
Last paidAug 28, 2026$1.25 a share
Payout ratio23%of earnings · well covered
Raised15 yrsconsecutive years of increases
Shares at the Oct 30 close of $436.912.29
Each payment$2.86
Per year · 4 payments$11.44
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Aug 14, 2026 | Aug 28, 2026 | $1.25 | |
| May 22, 2026 | Jun 5, 2026 | $1.25 | |
| Mar 6, 2026 | Mar 20, 2026 | $1.25 | |
| Nov 21, 2025 | Dec 5, 2025 | $1.20 |
Yield = $1.25 × 4 ÷ the Oct 30 close of $436.91. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source