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Reliance (RS) Dividend Yield, Date & History

Reliance logo
$269.02 +4.82 (+1.82%)
(As of 12/20/2024 05:31 PM ET)

Reliance Dividend Summary

Dividend Yield
1.64%
Annual Dividend
$4.40
Recent
Dividend Payment
Dec. 6
Dividend Increase
Track Record
14 Years
Annualized 3-Year
Dividend Growth
16.96%
Dividend Payout Ratio
24.16%

Reliance (RS) pays an annual dividend of $4.40 per share, with a dividend yield of 1.64%. The next quarterly payment of $1.10 per share was paid on Friday, December 6, to investors who owned the stock before the ex-dividend date of Friday, November 22. RS has grown its dividend for 14 consecutive years, with an average annual increase of 5.36%. The company currently pays out 24.16% of its earnings and 17.37% of its cash flow as dividends.

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RS Dividend Payments by Quarter

The chart below displays up to four years of Reliance's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

RS Dividend Yield Over Time

The chart below tracks Reliance's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Reliance vs. The Competition

Compare Reliance's annual dividend, yield, and 3-year growth rate with averages for Materials and NYSE companies to evaluate its performance against the market.

TypeRelianceMaterials CompaniesNYSE Companies
Annual Dividend$4.40$0.17$1.39
Dividend Yield1.64%5.15%3.60%
Annualized 3-Year Dividend Growth16.96%21.64%15.78%
Track Record14 years26 years24 years

Reliance Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings24.16%
Based on This Year's Estimate26.80%
Based on Next Year's Estimate26.88%
Based on Cashflow17.37%

Reliance Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/22/2024quarterly$1.10 - 1.6%11/22/202411/22/202412/6/2024
7/23/2024quarterly$1.10 - 1.4%8/16/20248/16/20248/30/2024
4/23/2024quarterly$1.10 - 1.5%5/23/20245/24/20246/7/2024
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2/13/2024Quarterly$1.10+$0.10
10.00%
1.32%3/7/20243/8/20243/22/2024
10/24/2023Quarterly$1.00 - 1.62%11/16/202311/17/202312/1/2023
7/25/2023Quarterly$1.00 - 1.43%8/17/20238/18/20239/1/2023
4/25/2023Quarterly$1.00 - 1.56%5/25/20235/26/20236/9/2023
2/14/2023Quarterly$1.00+$0.1250
14.29%
1.65%3/9/20233/10/20233/24/2023

This table shows Reliance's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Reliance Dividend - Frequently Asked Questions

The current dividend yield for Reliance is 1.64%. Learn more on RS's dividend yield history.

The annual dividend for RS shares is $4.40. Learn more on RS's annual dividend history.

Reliance pays quarterly dividends to shareholders.

Reliance's most recent quarterly dividend payment of $1.10 per share was made to shareholders on Friday, December 6, 2024.

Reliance's most recent ex-dividend date was Friday, November 22, 2024.

Over the past three years, the company's dividend has grown by an average of 16.96% per year.

Reliance has increased its dividend for the past 14 consecutive years.

The most recent change in the company's dividend was an increase of $0.10 on Tuesday, February 13, 2024.

The dividend payout ratio for RS is:
  • 24.16% based on the trailing year of earnings
  • 26.80% based on this year's estimates
  • 26.88% based on next year's estimates
  • 17.37% based on cash flow

Reliance's dividend yield of 1.57% is lower than the average Basic Materials company that issues a dividend. The company's 14 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Reliance's dividend payout ratio of 24.16% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Reliance stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:RS) was last updated on 12/21/2024 by MarketBeat.com Staff
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