Reliance Steel & Aluminum Co. will begin trading ex-dividend on August 14, 2013. A cash dividend payment of $0.33 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased RS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter. At the current stock price of $71.36, the dividend yield is 1.85%.
The previous trading day's last sale of RS was $71.36, representing a -2.11% decrease from the 52 week high of $72.90 and a 43.52% increase over the 52 week low of $49.72.
RS is a part of the Basic Industries sector, which includes companies such as Precision Castparts Corporation and National Oilwel Varcol, Inc. RS's current earnings per share, an indicator of a company's profitability, is $4.5. Zacks Investment Research reports RS's forecasted earnings growth in 2013 as -15.61%, compared to an industry average of -17%.
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