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Reliance Steel & Aluminum Dividend 2024

Reliance Steel & Aluminum Dividend

4 USD

Reliance Steel & Aluminum Dividend yield

1.35 %

Ticker

RS

ISIN

US7595091023

WKN

892629

How much dividend does Reliance Steel & Aluminum 2024 pay?

According to the latest status from May 2024, Reliance Steel & Aluminum paid a total of 4 USD per share in dividends within the last 12 months. With the current Reliance Steel & Aluminum price of 296.56 USD, this corresponds to a dividend yield of 1.35 %. A dividend is paid 4 times per year.

1.35 % Dividend Yield=
4 USD Dividend
296.56 USD Stock Price

Historical Reliance Steel & Aluminum Dividends

A dividend is paid 4 times per year. Last year, the payout months were April, June, September and December.

PaydateDividend
6/23/20241.1
4/7/20241.1
12/16/20231
9/17/20231
6/25/20231
4/9/20231
12/17/20220.88
9/18/20220.88
6/26/20220.88
4/10/20220.88
12/18/20210.69
9/12/20210.69
6/27/20210.69
4/11/20210.69
12/19/20200.63
9/13/20200.63
6/28/20200.63
4/12/20200.63
12/14/20190.55
9/15/20190.55
1
2
3
4
5
...
6

Reliance Steel & Aluminum Stock Dividend

Details

Dividend

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Dividend Overview

The dividend per year chart for Reliance Steel & Aluminum provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Reliance Steel & Aluminum’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Reliance Steel & Aluminum's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Reliance Steel & Aluminum Dividend History

DateReliance Steel & Aluminum Dividend
2026e4.85 undefined
2025e4.86 undefined
2024e4.88 undefined
20234 undefined
20223.5 undefined
20212.75 undefined
20202.5 undefined
20192.2 undefined
20182 undefined
20171.8 undefined
20161.65 undefined
20151.6 undefined
20141.4 undefined
20131.26 undefined
20120.8 undefined
20110.48 undefined
20100.4 undefined
20090.4 undefined
20080.4 undefined
20070.32 undefined
20060.22 undefined
20050.19 undefined
20040.13 undefined

Is the Reliance Steel & Aluminum Dividend Safe?

Reliance Steel & Aluminum has been increasing the dividend for 13 years.

Over the past 10 years, Reliance Steel & Aluminum has increased it by an annual 12.246 %.

Over a five-year period, the distribution increased by 14.87%.

Analysts expect a Dividend Increase of 10.406% for the current fiscal year.

Dividend Details

Understanding Reliance Steel & Aluminum's Dividend Distributions

Reliance Steel & Aluminum’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Reliance Steel & Aluminum's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Reliance Steel & Aluminum's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Reliance Steel & Aluminum’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Reliance Steel & Aluminum Aktienanalyse

What does Reliance Steel & Aluminum do?

Reliance Steel & Aluminum Co is one of the largest companies in steel and aluminum distribution worldwide. The company is based in Los Angeles, California, and has been in business since 1939. Reliance Steel & Aluminum Co started as a one-man operation and has grown over the years to a company with over $11 billion in revenue and approximately 300 locations in 40 countries worldwide. The company has been listed on the New York Stock Exchange since 1994. The company's business model is based on selling steel and aluminum products to various industries such as construction, aerospace, defense, automotive, oil and gas, and many more. Reliance Steel & Aluminum Co offers a wide range of products including sheets, bars, pipes, extruded profiles, stainless steel, carbon steel, aluminum, and many other types of metals and alloys. The company has divided itself into different business segments to offer a wider range of products and services to its customers. These business segments include: - Carbon Steel: This segment includes most of the products the company offers, including pipes, bars, and sheets made of carbon steel. - Stainless Steel: This segment refers to all products made of stainless steel. Reliance is one of the largest suppliers of stainless steel components in North America. - Aluminum: Aluminum is an important component of many products the company offers. Reliance offers a wide range of aluminum products such as plates, pipes, and bars. - Specialty Metals: This business segment includes highly specialized alloys and metals such as titanium, Inconel, and Monel. The products in this segment are more expensive than traditional steel and aluminum products, but they have special properties that are essential for certain applications. The company also offers services such as cutting, shaping, and surface processing. Reliance Steel & Aluminum Co has an excellent reputation for the quality of its products and services and is known for its fast and reliable deliveries. Over the years, Reliance Steel & Aluminum Co has carried out several acquisitions and mergers to accelerate its growth and expand its product range. Some notable acquisitions include the purchase of Metals USA in 2013 for more than $1.2 billion and the purchase of Earle M. Jorgensen Company in 2006 for approximately $1.1 billion. The company also has a strong presence in other countries, particularly in Europe and Asia. Reliance Steel & Aluminum Co has strengthened its presence on the continent in recent years through the acquisition of companies in Europe. The company also has branches in Mexico, Canada, and Australia. Overall, Reliance Steel & Aluminum Co has become one of the leading companies in steel and aluminum distribution through its wide range of products, quality products and services, fast delivery times, and strong growth. Reliance Steel & Aluminum is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Reliance Steel & Aluminum Stock

How much dividend does Reliance Steel & Aluminum pay?

Over the past 12 months, Reliance Steel & Aluminum paid a dividend of 4 USD . This corresponds to a dividend yield of about 1.35 %. For the coming 12 months, Reliance Steel & Aluminum is expected to pay a dividend of 4.86 USD.

What is the dividend yield of Reliance Steel & Aluminum?

The current dividend yield of Reliance Steel & Aluminum is 1.35 %.

When does Reliance Steel & Aluminum pay dividends?

Reliance Steel & Aluminum pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of Reliance Steel & Aluminum?

Reliance Steel & Aluminum paid dividends every year for the past 23 years.

What is the dividend of Reliance Steel & Aluminum?

For the upcoming 12 months, dividends amounting to 4.86 USD are expected. This corresponds to a dividend yield of 1.64 %.

In which sector is Reliance Steel & Aluminum located?

Reliance Steel & Aluminum is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Reliance Steel & Aluminum kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Reliance Steel & Aluminum from 6/7/2024 amounting to 1.1 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.

When did Reliance Steel & Aluminum pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Reliance Steel & Aluminum in the year 2023?

In the year 2023, Reliance Steel & Aluminum distributed 3.5 USD as dividends.

In which currency does Reliance Steel & Aluminum pay out the dividend?

The dividends of Reliance Steel & Aluminum are distributed in USD.

Andere Kennzahlen von Reliance Steel & Aluminum

Our stock analysis for Reliance Steel & Aluminum Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reliance Steel & Aluminum Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.