This Small Cap Offers Lightning Fast Dividend Growth

Today’s stock is a small cap industrial that’s down -50% over the past 12-months, while still being up +153.42% over the past 5 years. And, management has gotten serious about dividend growth.

Additionally, this business operates in an essential but overlooked sector most investors ignore.

Meaning today’s stock trades at a fairly cheap valuation.

So what is this mystery business?

Olympic Steel, Inc. ($ZEUS).

Olympic Steel produces steel, tin, and aluminum products. All their facilities are located in North America. And, Olympic Steel’s metal output ranges from “commercial grade” to “ultra-high strength.”

While this company has been in business since the 1950’s, Olympic Steel paid a flat $0.02 quarterly dividend for more than a decade.

But since 2021, the business is growing their payouts at an incredible rate.

Olympic Steel’s 5-year compound annual dividend growth rate is 50.12%. And, the company has a safe dividend payout ratio of 37.27% — meaning there’s plenty of room for future growth.

The steel industry is cyclical.

And while Olympic Steel isn’t a market-beater, it has delivered fairly decent returns — especially when you…