Reliance Steel & Aluminum Co. (RS) Ex-Dividend Date Scheduled for February 27, 2013


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Reliance Steel & Aluminum Co. ( RS ) will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on March 22, 2013. Shareholders who purchased RS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter.

The previous trading day's last sale of RS was $68.2, representing a -6.45% decrease from the 52 week high of $72.90 and a 52.2% increase over the 52 week low of $44.81.

RS is a part of the Basic Industries sector, which includes companies such as National Oilwel Varcol, Inc. ( NOV ) and Precision Castparts Corporation ( PCP ). RS's current earnings per share, an indicator of a company's profitability, is $5.34. Zacks Investment Research reports RS's forecasted earnings growth in 2013 as 13.8%, compared to an industry average of -17.1%.

For more information on the declaration, record and payment dates, visit the RS Dividend History page.

Interested in gaining exposure to RS through an Exchange Traded Fund [ETF]?
The following ETF(s) have RS as a top-10 holding:

  • Market Vectors Steel Index ETF Fund ( SLX )
  • SPDR S&P Metals & Mining ETF ( XME )
  • First Trust Mid Cap Value AlphaDEX Fund ( FNK )
  • iShares S&P MidCap 400/Barra Value Index Fund ( IJJ )
  • SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ).

The top-performing ETF of this group is MDYV with an increase of 15.67% over the last 100 days. SLX has the highest percent weighting of RS at 4.69%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: FNK , IJJ , MDYV , NOV , PCP , RS , SLX , XME

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