Reliance Steel & Aluminum Co Stock Dividends Overview

RS pays dividends quarterly. Last paid amount was $1.10 at Mar 22, 2024. As of today, dividend yield (TTM) is 1.45%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.45%
Frequency Quarterly
1Y Growth 10.00%
Payout Ratio 0
Amount Per Share $1.10
Next Ex-Dividend Date May 23, 2024
Next Payment Date Jun 07, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from RS the purchase should be done within the next 21 days.
Here's a simple guide on how to buy RS stock.

RS Dividend Payout History

To ensure a understanding of RS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 23, 2024 May 23, 2024 Jun 07, 2024 $1.10 0.386%
2 Feb 13, 2024 Mar 07, 2024 Mar 22, 2024 $1.10 0.333%
3 Oct 24, 2023 Nov 16, 2023 Dec 01, 2023 $1.00 0.359%
4 Jul 25, 2023 Aug 17, 2023 Sep 01, 2023 $1.00 0.350%
5 Apr 25, 2023 May 25, 2023 Jun 09, 2023 $1.00 0.405%
6 Feb 14, 2023 Mar 09, 2023 Mar 24, 2023 $1.00 0.397%
7 Oct 25, 2022 Nov 17, 2022 Dec 02, 2022 $0.88 0.410%
8 Jul 28, 2022 Aug 18, 2022 Sep 02, 2022 $0.88 0.476%
9 Apr 28, 2022 May 26, 2022 Jun 10, 2022 $0.88 0.468%
10 Feb 17, 2022 Mar 10, 2022 Mar 25, 2022 $0.88 0.449%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (91.93%)

Growth potential

Stable (10.41%)

RS Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from RS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in RS stock here.

Comparing RS to Sector and Country

RS pays a solid dividend yield of 1.45%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.82%). RS’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the US market (8.27%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of RS's dividend payments?
The amount of RS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in RS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from RS stock be automatically reinvested?
If RS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy RS stock.

How often does RS pay dividend?
Reliance Steel & Aluminum Co (RS) pays dividends quarterly. The most recent payout was on Mar 22, 2024. The upcoming dividend Ex Date is May 23, 2024, with an amount of $1.10.

How much does RS pays per share?
The last recorder (Mar 07, 2024) dividend per share was $1.10.

What is RS dividend growth rate?
Over the last year, Reliance Steel & Aluminum Co has witnessed growth rate of 10.00% . Looking back over the past 3 years, this growth rate has been 16.93%. Furthermore, examining the past 5 years, Reliance Steel & Aluminum Co has maintained an average Dividends Per Share Growth Rate of 14.87%.
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About Reliance Steel & Aluminum Co

Reliance Steel & Aluminum Co Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction,... RS Profile

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