Reliance Steel & Aluminum Co. (RS) Ex-Dividend Date Scheduled for March 09, 2016

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Reliance Steel & Aluminum Co. ( RS ) will begin trading ex-dividend on March 09, 2016. A cash dividend payment of $0.4 per share is scheduled to be paid on March 31, 2016. Shareholders who purchased RS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that RS has paid the same dividend.

The previous trading day's last sale of RS was $65.58, representing a -1.91% decrease from the 52 week high of $66.86 and a 30.95% increase over the 52 week low of $50.08.

RS is a part of the Basic Industries sector, which includes companies such as Nidec Corporation (Nihon Densan Kabushiki Kaisha) ( NJ ) and Baker Hughes Incorporated ( BHI ). RS's current earnings per share, an indicator of a company's profitability, is $4.37. Zacks Investment Research reports RS's forecasted earnings growth in 2016 as -11.27%, compared to an industry average of -8.7%.

For more information on the declaration, record and payment dates, visit the RS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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

  • SPDR S&P Metals & Mining ETF ( XME )
  • Market Vectors Steel Index ETF Fund ( SLX )
  • Guggenheim S&P Midcap 400 Pure Value ETF ( RFV ).

The top-performing ETF of this group is XME with an increase of 5.45% over the last 100 days. It also has the highest percent weighting of RS at 5.28%.

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
Referenced Symbols: RS , XME , SLX , RFV

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