Ryerson Holding Declares $0.1875 Quarterly Dividend
Ryerson Holding Corporation (NYSE: RYI), a processor and distributor of industrial metals, declared a quarterly cash dividend of $0.1875 per share. The dividend is payable March 19 to shareholders of record as of March 5.
Ryerson Holding Corporation (NYSE: RYI), a processor and distributor of industrial metals, declared a quarterly cash dividend of $0.1875 per share on February 13, 2026. The dividend is payable March 19 to shareholders of record as of March 5. Read more dividend announcements.
The board's decision comes as the company recently completed its merger with Olympic Steel, positioning Ryerson as North America's second-largest metals service center. The combined entity projects $120 million in annual run-rate synergies to be realized over the next two years.
During the fourth quarter of 2025, Ryerson's quarterly dividend returned $6.1 million in cash to shareholders. Future quarterly dividends remain subject to board approval.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.1875 |
| Record Date | March 5, 2026 |
| Payment Date | March 19, 2026 |
| Declaration Date | February 13, 2026 |
Credit Facility Expansion
On the same day as the dividend declaration, Ryerson extended the maturity of its revolving credit facility and expanded capacity from $1.3 billion to $1.8 billion. The facility is secured primarily by inventory and accounts receivable of the company's U.S. and Canadian operating subsidiaries.
Chief Financial Officer Jim Claussen said the expanded facility provides financial stability for normal business operations while offering flexibility to pursue growth opportunities enabled by the Olympic Steel merger. Bank of America serves as administrative agent and collateral agent, with BofA Securities, JPMorgan Chase Bank, and Wells Fargo Bank as joint lead arrangers and joint bookrunners.
Fourth Quarter Performance
Ryerson reported fourth quarter 2025 revenue of $1.10 billion, with 461,000 tons shipped at an average selling price of $2,397 per ton. The company ended the quarter with total debt of $463 million and net debt of $436 million, down from $500 million and $470 million respectively at the end of the third quarter.
The company recorded a net loss attributable to Ryerson Holding Corporation of $37.9 million, or $1.18 per diluted share, in the fourth quarter. For the full year 2025, revenue totaled $4.57 billion with 1.95 million tons shipped.
As of December 31, 2025, Ryerson had $38.4 million remaining under its existing share repurchase authorization. The company did not repurchase shares during the fourth quarter of 2025.