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RS Reliance Steel & Aluminum dividend history, payout ratio & dates

Reliance Steel & Aluminum's last quarterly dividend was on Aug 18, 2022 (ex-date) with a distribution of $0.875 per share. On an annualized basis, the company has a current payout of $3.31 per share. This brings the dividend yield to 1.82% based on its recent close price.

Key dates

  • RS last dividend date: Aug 18, 2022
  • RS next dividend date: Not announced
RS dividend stats
DPS
$3.31
Dividend yield
1.75%
Payout ratio
10.8%
vs. Basic Materials sector
Dividend yield
2.17%
Payout ratio
26.9%

Dividend yield

What is Reliance Steel & Aluminum current dividend yield

RS has a dividend yield of 1.82% which is above the industry and its peers average but below the Basic Materials sector average. Compared to its Basic Materials sector average of 2.17%, Reliance Steel & Aluminum's dividend yield is 16% lower. The current dividend yield is below the historical average of 2.1% of the last 5 years.

Dividend history

What is RS dividend payout history and dates

Reliance Steel & Aluminum has been paying dividends since 1994. RS has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 23% since one year ago. But with the stock price up by 27% from a year ago, the dividend yield marks a decrease of 3%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 18, 2022 Sep 2, 2022 Jul 26, 2022 $0.875 normal
May 26, 2022 Jun 10, 2022 Apr 26, 2022 $0.875 normal
Mar 10, 2022 Mar 25, 2022 Feb 17, 2022 $0.875 normal
Nov 18, 2021 Dec 3, 2021 Oct 26, 2021 $0.688 normal
Aug 12, 2021 Aug 27, 2021 Jul 22, 2021 $0.688 normal
May 27, 2021 Jun 11, 2021 Apr 20, 2021 $0.688 normal
Mar 11, 2021 Mar 26, 2021 Feb 18, 2021 $0.688 normal
Nov 19, 2020 Dec 4, 2020 Oct 20, 2020 $0.625 normal
Aug 13, 2020 Aug 28, 2020 Jul 21, 2020 $0.625 normal
May 28, 2020 Jun 12, 2020 Apr 21, 2020 $0.625 normal
Mar 12, 2020 Mar 27, 2020 Feb 18, 2020 $0.625 normal
Nov 14, 2019 Dec 6, 2019 Oct 24, 2019 $0.55 normal
Aug 15, 2019 Sep 6, 2019 Jul 23, 2019 $0.55 normal
May 23, 2019 Jun 14, 2019 Apr 23, 2019 $0.55 normal
Mar 14, 2019 Mar 29, 2019 Feb 19, 2019 $0.55 normal
Nov 15, 2018 Dec 7, 2018 Oct 23, 2018 $0.5 normal
Aug 16, 2018 Sep 7, 2018 Jul 26, 2018 $0.5 normal
May 24, 2018 Jun 15, 2018 Apr 25, 2018 $0.5 normal
Mar 15, 2018 Mar 30, 2018 Feb 13, 2018 $0.5 normal
Nov 16, 2017 Dec 8, 2017 Oct 24, 2017 $0.45 normal
Aug 16, 2017 Sep 8, 2017 Jul 25, 2017 $0.45 normal
May 24, 2017 Jun 16, 2017 Apr 27, 2017 $0.45 normal
Mar 8, 2017 Mar 24, 2017 Feb 16, 2017 $0.45 normal
Nov 16, 2016 Dec 16, 2016 Oct 19, 2016 $0.425 normal
Aug 10, 2016 Sep 9, 2016 Jul 20, 2016 $0.425 normal
May 25, 2016 Jun 17, 2016 Apr 19, 2016 $0.4 normal

Reliance Steel & Aluminum dividend payout ratio

What is Reliance Steel & Aluminum dividend payout ratio compared to the sector

Payout ratio

RS has a payout ratio of 10.8% which is higher than the industry and its peers average but lower than the Basic Materials sector average. If we compare it with the Basic Materials sector average of 26.9%, Reliance Steel & Aluminum's payout ratio is 60% lower.

Total amount of dividends paid per financial year (from cash flow)

RS dividend vs peer dividends

How does RS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WOR Worthington Industries Inc 2.55% $1.15 15.1%
CRS Carpenter Technology Corp 2.23% $0.8 N/A
RS Reliance Steel & Aluminum Co 1.75% $3.31 10.8%
NUE Nucor Corp 1.68% $2 6.1%
ZEUS Olympic Steel Inc 1.17% $0.29 2.3%
FRD Friedman Industries Inc 1.06% $0.08 3.9%

Frequently asked questions

Does Reliance Steel & Aluminum pay a dividend?

Yes, Reliance Steel & Aluminum has paid four dividends in the last 12 months. RS has been paying dividends since 1994.

When is Reliance Steel & Aluminum's next dividend?

Currently RS's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.

When was RS's last dividend?

Reliance Steel & Aluminum's last dividend ex-date was on Aug 18, 2022. The dividend amount was $0.875 per share.

How much dividend does Reliance Steel & Aluminum pay (per share)?

RS has paid dividend of $3.31 per share in the last year.

What is Reliance Steel & Aluminum's dividend yield?

Currently Reliance Steel & Aluminum's dividend yield is 1.82%.

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 10.8%.

Does Reliance Steel & Aluminum pay a good dividend?

Reliance Steel & Aluminum's dividend yield is below the Basic Materials sector average.