Reliance Steel & Aluminum Co. (RS) Dividends
Dividend Yield and Dividend History Highlights
RS Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$297.43 | $112.24 | -39.41% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Reliance Steel & Aluminum Co, the DDM model, as implemented by StockNews, implies a negative return of 39.41% relative to its current price. To help understand and contextualize the model's evaluation of RS, investors may wish to consider are:
- Relative to all dividend yielding stocks in our set, RS offers a dividend yield in the bottom 1.89% of its fellow sector mates.
- In terms of opportunity, RS's provides a return of -39.41% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 37.48% of all stocks we measured with our dividend discount model.
- As other dividend issuers in the Basic Materials sector, Reliance Steel & Aluminum Co has an equity discount rate lower than 61.48% of them.
RS Dividend History
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Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2023-11-16 | Dividend | $1.00 | -- |
2023-08-17 | Dividend | $1.00 | -- |
2023-05-25 | Dividend | $1.00 | -- |
2023-03-09 | Dividend | $1.00 | +14.29% |
2022-11-17 | Dividend | $0.88 | -- |
2022-08-18 | Dividend | $0.88 | -- |
2022-05-26 | Dividend | $0.88 | -- |
2022-03-10 | Dividend | $0.88 | +27.18% |
2021-11-18 | Dividend | $0.69 | -- |
2021-08-12 | Dividend | $0.69 | -- |
2021-05-27 | Dividend | $0.69 | -- |
2021-03-11 | Dividend | $0.69 | +10.08% |
2020-11-19 | Dividend | $0.63 | -- |
2020-08-13 | Dividend | $0.63 | -- |
2020-05-28 | Dividend | $0.63 | -- |
2020-03-12 | Dividend | $0.63 | +13.64% |
2019-11-14 | Dividend | $0.55 | -- |
2019-08-15 | Dividend | $0.55 | -- |
2019-05-23 | Dividend | $0.55 | -- |
2019-03-14 | Dividend | $0.55 | +10.00% |
RS Dividends vs. Peers
RS's dividend yield currently ranks #43 of 46 vs. its peers in the Steel category.
Looking for More Information on RS dividends?
Here are a few links from around the web to help you further your research on Reliance Steel & Aluminum Co and its dividends:Reliance Steel & Aluminum Co Common Stock (RS) Dividend History | Nasdaq
Dividend History for Reliance Steel & Aluminum Co (RS) - Dividend Investor
Reliance Steel & Aluminum Co (RS) Dividend History - Seeking Alpha