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Reliance (Reliance) Forward Dividend Yield %

: 1.40% (As of Today)
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As of today (2024-04-24), the Forward Annual Dividend Yield of Reliance is 1.40%.

As of today (2024-04-24), the Trailing Annual Dividend Yield of Reliance is 1.31%.

RS's Forward Dividend Yield % is ranked worse than
69.54% of 348 companies
in the Steel industry
Industry Median: 2.78 vs RS: 1.40

Reliance's Dividends per Share for the three months ended in Dec. 2023 was $1.00.

During the past 12 months, Reliance's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reliance was 86.60% per year. The lowest was 1.90% per year. And the median was 16.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Steel subindustry, Reliance's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Forward Dividend Yield % Distribution

For the Steel industry and Basic Materials sector, Reliance's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Reliance's Forward Dividend Yield % falls into.



Reliance Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Reliance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.1002024-03-072024-03-082024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-08-172023-08-182023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.0002023-05-252023-05-262023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Reliance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.4/313.94
=1.40 %

Current Share Price is $313.94.
Reliance's Dividends per Share for the forward twelve months is calculated as $1.1 * 4 = $4.4.

Reliance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.1/313.94
=1.31 %

Current Share Price is $313.94.
Reliance's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.1.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reliance  (NYSE:RS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Reliance Forward Dividend Yield % Related Terms

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Reliance (Reliance) Business Description

Industry
Traded in Other Exchanges
Address
16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254
Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Executives
Michael R Hynes officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
James Donald Hoffman director, officer: CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Karla R Lewis director, officer: President C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Jeffrey Wayne Durham officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Mark V Kaminski director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Smith William A Ii officer: SVP, General Counsel, Corp Sec C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Sean Michael Mollins officer: SVP, Operations 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Arthur Ajemyan officer: VP, CFO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Stephen Paul Koch officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
David W Seeger director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Karen Winifred Colonias director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
John G. Figueroa director 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Robert Ambrose Mcevoy director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Lisa Baldwin director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Douglas Stotlar director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254

Reliance (Reliance) Headlines

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