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Russel Metals Inc.

04:07 PM EST - Russel Metals Inc. : posted fourth-quarter net earnings of $29.0 million or $0.48 per share, compared to $25.3 million or $0.40 per share in the last-year quarter. Revenues for the quarter rose to $842.7 million from $598.4 million in the prior year quarter. The Board of Directors approved a quarterly dividend of $0.25 per common share payable March 16, 2009 to shareholders of record as of March 4, 2009. Russel Metals Inc. shares T.RUS are trading down $1.69 at $14.45.