Reliance Steel & Aluminum Co (RS) Dividends & Splits

Reliance Steel & Aluminum Co (RS) has a solid track record of providing dividends to its shareholders. The company has a dividend yield of around 2%, which is considered to be quite competitive in the industry. This means that for every share of RS that an investor owns, they can expect to receive a dividend payment equivalent to 2% of the share's current market price. The payout ratio, which measures the percentage of earnings that are paid out as dividends, is currently around 30%. This indicates that RS is fairly conservative in its dividend policy and retains a significant amount of its earnings for reinvestment in the business.

The dividend ex-date is an important date for dividend investors, as it determines whether or not they are eligible to receive the next dividend payment. For RS, the dividend ex-date typically occurs a few days before the dividend payment date. As for splits, RS has not announced any recent split activity. The split multiple, which determines the ratio at which the stock is split, is currently not applicable for RS. The company's dividend amount per share is subject to change and is determined by the board of directors. However, RS has consistently increased its dividend over the past few years, reflecting its commitment to rewarding shareholders.