McGraw-Hill Ryerson Limited Announces Special Dividend of $5; Quarterly Dividend of $0.285/Share

McGraw-Hill Ryerson Limited MHR announces a quarterly dividend of 28.5 cents per common share has been declared payable on June 2, 2011, to shareholders of record at the close of business on May 12, 2011. This is an increase over the previous quarterly dividend of 27.0 cents per share, which has been in effect since May 2010. McGraw-Hill Ryerson is also announcing an additional one-time dividend of $5.00 per common share, declared payable on June 2, 2011, to shareholders of record at the close of business on May 12, 2011. Dividends declared and paid by McGraw-Hill Ryerson Ltd. are "eligible" dividends, as that term is defined by the Canadian Revenue Agency (CRA).