Reliance Steel & Aluminum Co. ( RS ) has announced an ex-dividend date of November 27, 2012 and a cash dividend payment of $0.25 per share scheduled for December 20, 2012. Shareholders who purchased RS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 108.33% increase over the same quarter a year ago. At the current stock price of $56.19, the dividend yield is 1.78%.
The previous trading day's last sale of RS was $56.19, representing a -4.44% decrease from the 52 week high of $58.80 and a 34.39% increase over the 52 week low of $41.81.
RS is a part of the Basic Industries sector, which includes companies such as National-Oilwell, Inc. ( NOV ) and Precision Castparts Corporation ( PCP ). RS's current earnings per share, an indicator of a company's profitability, is $5.19. Zacks Investment Research reports RS's forecasted earnings growth in 2012 as 14.67%, compared to an industry average of 8%.
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 ).
The top-performing ETF of this group is SLX with an increase of 1.58% over the last 100 days. It also 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.