RS Reliance Steel & Aluminum dividend history, payout ratio & dates
Reliance Steel & Aluminum's last dividend was on Aug 16, 2024 (ex-date) with a distribution of $1.1 per share. On an annualized basis, the company has a current payout of $4.3 per share. This brings the dividend yield to 1.36% based on its recent close price.
Key dates
- RS last dividend date: Aug 16, 2024
RS dividend stats
vs. Basic Materials sector
Dividend yield
RS has a dividend yield of 1.36% which is above its peers average but below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2.05%, Reliance Steel & Aluminum's dividend yield is 34% lower. The current dividend yield is below the historical average of 1.7% of the last 5 years.
Dividend history
Reliance Steel & Aluminum has been paying dividends since 1994. RS has issued three dividends in the last twelve months. The annualized DPS marks an increase of 8% since one year ago. But with the stock price up by 18% from a year ago, the dividend yield marks a decrease of 9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 16, 2024 | $1.1 | 1.53% |
| May 23, 2024 | $1.1 | 1.38% |
| Mar 7, 2024 | $1.1 | 1.27% |
| Nov 16, 2023 | $1 | 1.47% |
| Aug 17, 2023 | $1 | 1.39% |
| May 25, 2023 | $1 | 1.58% |
| Mar 9, 2023 | $1 | 1.43% |
| Nov 17, 2022 | $0.875 | 1.7% |
| Aug 18, 2022 | $0.875 | 1.7% |
| May 26, 2022 | $0.875 | 1.57% |
| Mar 10, 2022 | $0.875 | 1.56% |
| Nov 18, 2021 | $0.688 | 1.71% |
| Aug 12, 2021 | $0.688 | 1.7% |
| May 27, 2021 | $0.688 | 1.56% |
| Mar 11, 2021 | $0.688 | 1.7% |
| Nov 19, 2020 | $0.625 | 2.12% |
| Aug 13, 2020 | $0.625 | 2.3% |
| May 28, 2020 | $0.625 | 2.41% |
| Mar 12, 2020 | $0.625 | 2.64% |
| Nov 14, 2019 | $0.55 | 1.95% |
| Aug 15, 2019 | $0.55 | 2.24% |
| May 23, 2019 | $0.55 | 2.47% |
| Mar 14, 2019 | $0.55 | 2.35% |
| Nov 15, 2018 | $0.5 | 2.46% |
| Aug 16, 2018 | $0.5 | 2.23% |
| May 24, 2018 | $0.5 | 2.02% |
| Mar 15, 2018 | $0.5 | 2.06% |
| Nov 16, 2017 | $0.45 | 2.42% |
| Aug 16, 2017 | $0.45 | 2.48% |
| May 24, 2017 | $0.45 | 2.39% |
| Mar 8, 2017 | $0.45 | 2.09% |
| Nov 16, 2016 | $0.425 | 2.1% |
| Aug 10, 2016 | $0.425 | 2.17% |
| May 25, 2016 | $0.4 | 2.17% |
| Mar 9, 2016 | $0.4 | 2.45% |
| Nov 18, 2015 | $0.4 | 2.7% |
| Aug 12, 2015 | $0.4 | 2.6% |
| May 27, 2015 | $0.4 | 2.31% |
| Mar 11, 2015 | $0.4 | 2.59% |
Reliance Steel & Aluminum dividend payout ratio
Payout ratio
RS has a payout ratio of 23.4% which is lower than the Basic Materials sector, the industry and its peers average. If we compare it with the Basic Materials sector average of 41.8%, Reliance Steel & Aluminum's payout ratio is 44% lower.
Total amount of dividends paid per financial year (from cash flow)
RS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WOR Worthington Industries Inc | 2.01% | $0.81 | 103.8% |
| NUE Nucor Corp | 1.41% | $2.16 | 20.8% |
| ZEUS Olympic Steel Inc | 1.39% | $0.58 | 25.2% |
| RS Reliance Steel & Aluminum Co | 1.34% | $4.3 | 23.4% |
| FRD Friedman Industries Inc | 1.03% | $0.14 | 12.4% |
| AA Alcoa Corp | 0.87% | $0.4 | N/A |
| CRS Carpenter Technology Corp | 0.42% | $0.8 | 17.6% |
Frequently asked questions
Does Reliance Steel & Aluminum pay a dividend?
Yes, Reliance Steel & Aluminum has paid three dividends in the last 12 months. RS has been paying dividends since 1994.
When was RS's last dividend?
Reliance Steel & Aluminum's last dividend ex-date was on Aug 16, 2024. The dividend amount was $1.1 per share.
How much dividend does Reliance Steel & Aluminum pay (per share)?
RS has paid dividend of $4.3 per share in the last year.
What is Reliance Steel & Aluminum's dividend yield?
Currently Reliance Steel & Aluminum's dividend yield is 1.36%.
How often does Reliance Steel & Aluminum pay dividends?
Reliance Steel & Aluminum pays four dividends per year.
What is Reliance Steel & Aluminum's dividend payout ratio?
The dividend payout ratio of Reliance Steel & Aluminum is 23.4%.
Does Reliance Steel & Aluminum pay a good dividend?
Reliance Steel & Aluminum's dividend yield is below the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.