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Reliance Steel & Aluminum Co Forward Dividend Yield %

: 1.77% (As of Today)
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As of today (2022-08-13), the Forward Annual Dividend Yield of Reliance Steel & Aluminum Co is 1.77%.

As of today (2022-08-13), the Trailing Annual Dividend Yield of Reliance Steel & Aluminum Co is 1.58%.

RS's Forward Dividend Yield % is ranked worse than
74.5% of 353 companies
in the Steel industry
Industry Median: 3.88 vs RS: 1.77

Reliance Steel & Aluminum Co's Dividends per Share for the three months ended in Jun. 2022 was $0.88.

During the past 12 months, Reliance Steel & Aluminum Co's average Dividends Per Share Growth Rate was 19.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reliance Steel & Aluminum Co was 91.20% per year. The lowest was 1.90% per year. And the median was 16.60% 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 Steel & Aluminum Co'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 Steel & Aluminum Co Forward Dividend Yield % Distribution

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

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



Reliance Steel & Aluminum Co Forward Dividend Yield % Calculation

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

Reliance Steel & Aluminum Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8752022-05-262022-05-272022-06-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.8752022-03-102022-03-112022-03-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.6882021-11-182021-11-192021-12-03Cash 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 Steel & Aluminum Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.5/197.20
=1.77 %

Current Share Price is $197.20.
Reliance Steel & Aluminum Co's Dividends per Share for the forward twelve months is calculated as $0.875 * 4 = $3.5.

Reliance Steel & Aluminum Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.438/197.20
=1.24 %

Current Share Price is $197.20.
Reliance Steel & Aluminum Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.438.

* 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 Steel & Aluminum Co  (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 Steel & Aluminum Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Reliance Steel & Aluminum Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliance Steel & Aluminum Co Business Description

Reliance Steel & Aluminum Co logo
Traded in Other Exchanges
Address
350 South Grand Avenue, Suite 5100, Los Angeles, CA, USA, 90071
Reliance Steel & Aluminum is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. The company provides over 100,000 product types to approximately more than 125,000 customers. 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
Dellaquila Frank J director EMERSON ELECTRIC CO. 8000 W. FLORISSANT AVENUE ST. LOUIS MO 63136
Stotlar Douglas director C/O LSC COMMUNICATIONS, INC. 191 N. WACKER DRIVE, SUITE 1400 CHICAGO IL 60606
Seeger David W director 227 WEST MONROE STREET, SUITE 2600 CHICAGO IL 60606
Baldwin Lisa director 350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Mcevoy Robert Ambrose director 350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Figueroa John G. director 350 SOUTH GRAND AVENUE SUITE 5100 LOS ANGELES CA 90071
Colonias Karen Winifred director 5956 W. LAS POSITAS BLVD. PLEASANTON CA 94588
Kaminski Mark V director C/O COMMONWEALTH INDUSTRIES INC 500 WEST JEFFERSON SUITE 1900 LOUISVILLE KY 40202
Sharkey Andrew G Iii director 350 S. GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Lewis Karla R director, officer: President 350 S GRAND AVE STE 5100 LOS ANGELES CA 90071
Sales William K Jr officer: Special Advisor RELIANCE STEEL & ALUMINUM CO 350 S. GRAND AVE., SUITE 5100 LOS ANGELES CA 90071
Mollins Sean Michael officer: SVP, Operations 350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Smith William A Ii officer: SVP, General Counsel, Corp Sec 350 S. GRAND AVE. SUITE 5100 LOS ANGELES CA 90071
Hoffman James Donald director, officer: CEO 350 S. GRAND AVE., STE 5100 LOS ANGELES CA 90071
Koch Stephen Paul officer: Sr. VP, Operations 350 S. GRAND AVE., STE. 5100 LOS ANGELES CA 90071

Reliance Steel & Aluminum Co Headlines

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