Ryerson Holding's latest quarterly cash dividend of $0.188 per share was issued to shareholders on record before Jun 6, 2024. At an annualized rate of $0.74 per share, the stock yields 2.94%.
Ryerson Holding's dividend yield of 2.94% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.41%, Ryerson Holding's dividend yield is 109% higher.
Ryerson Holding has been paying dividends for the last three years. Our records show that RYI has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 13% since twelve months ago. And with the price of the stock down by 41% from a year ago, the dividend yield has an increase of 89%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 6, 2024 | Jun 20, 2024 | Apr 30, 2024 | $0.188 | normal |
| Mar 6, 2024 | Mar 21, 2024 | Feb 21, 2024 | $0.188 | normal |
| Nov 29, 2023 | Dec 14, 2023 | Oct 30, 2023 | $0.185 | normal |
| Aug 30, 2023 | Sep 14, 2023 | Jul 31, 2023 | $0.183 | normal |
| May 31, 2023 | Jun 15, 2023 | May 1, 2023 | $0.18 | normal |
| Mar 3, 2023 | Mar 16, 2023 | Feb 22, 2023 | $0.17 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 2, 2022 | $0.16 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 3, 2022 | $0.15 | normal |
| Jun 1, 2022 | Jun 16, 2022 | May 4, 2022 | $0.125 | normal |
| Mar 2, 2022 | Mar 17, 2022 | Feb 17, 2022 | $0.1 | normal |
| Nov 12, 2021 | Dec 16, 2021 | Nov 3, 2021 | $0.085 | normal |
| Aug 13, 2021 | Sep 16, 2021 | Aug 4, 2021 | $0.08 | normal |
Ryerson Holding's payout ratio of 28.1% is above the industry average but below the Industrials sector average. Compared to its Industrials sector average of 32.7%, Ryerson Holding's payout ratio is 14% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RYI Ryerson Holding Corp | 2.91% | $0.74 | 28.1% |
| WOR Worthington Industries Inc | 1.89% | $0.96 | 17.2% |
| HAYN Haynes International Inc | 1.47% | $0.88 | 29.4% |
| RS Reliance Steel & Aluminum Co | 1.38% | $4.2 | 19.4% |
Yes, Ryerson Holding has paid four dividends in the last twelve months. RYI has been paying dividends since 2021.
RYI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in September 2024.
Ryerson Holding's last regular dividend was on Jun 6, 2024 (ex-date) with the amount of $0.188 per share.
On an annual basis RYI pays $0.74 per share.
Ryerson Holding's current dividend yield is 2.94%.
Ryerson Holding pays dividends quarterly.
The dividend payout ratio of Ryerson Holding is 28.1%.
Ryerson Holding's dividend yield is more than the Industrials sector average.