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Olympic Steel Announces Quarterly Cash Dividend
February 11, 2020 04:24 PM Eastern Time

CLEVELAND - Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the Company's Board of Directors approved a regular quarterly cash dividend of $0.02 per share. The dividend is payable on March 16, 2020, to shareholders of record on March 2, 2020.

As previously announced, the Company intends to release its 2019 fourth-quarter financial results before the market opens on February 21, 2020, and host a conference call with investors and analysts at 10:00 a.m. ET that same day.

About Olympic Steel

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products. The Company's CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel operates from 30 facilities in North America.

For additional information, please visit the Company's website at www.olysteel.com or https://olysteel.irpass.com/Contact_Us?BzID=2195.

Richard A. Manson
Chief Financial Officer
(216) 672-0522
ir@olysteel.com

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