Reliance Steel & Aluminum Co. (RS) Ex-Dividend Date Scheduled for May 23, 2019

Shutterstock photo

Reliance Steel & Aluminum Co. ( RS ) will begin trading ex-dividend on May 23, 2019. A cash dividend payment of $0.55 per share is scheduled to be paid on June 14, 2019. Shareholders who purchased RS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over prior dividend payment. At the current stock price of $89.32, the dividend yield is 2.46%.

The previous trading day's last sale of RS was $89.32, representing a -8.31% decrease from the 52 week high of $97.41 and a 30.17% increase over the 52 week low of $68.62.

RS is a part of the Basic Industries sector, which includes companies such as Baker Hughes, a GE company ( BHGE ) and Parker-Hannifin Corporation ( PH ). RS's current earnings per share, an indicator of a company's profitability, is $9.21. Zacks Investment Research reports RS's forecasted earnings growth in 2019 as 3.58%, compared to an industry average of -35.5%.

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 )
  • VanEck Vectors Steel ETF ( SLX )
  • First Trust Materials AlphaDEX Fund ( FXZ )
  • iShares Edge MSCI Multifactor USA Small-Cap ETF ( SMLF )
  • NuShares Enhanced Yield US Aggregate Bond ETF ( NUSC ).

The top-performing ETF of this group is NUSC with an increase of 18.98% over the last 100 days. XME has the highest percent weighting of RS at 5.02%.

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

More from NASDAQ.com News


NASDAQ.com News

NASDAQ.com News

Market News

Research Brokers before you trade

Want to trade FX?