Reliance Dividends and Buybacks
Dividend criteria checks 5/6
Reliance is a dividend paying company with a current yield of 1.42% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.4%
Dividend yield
7.4%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -4.2% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$4.400 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
We Think Reliance (NYSE:RS) Can Stay On Top Of Its Debt
Nov 18
Reliance, Inc. (NYSE:RS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Oct 27Improved Earnings Required Before Reliance, Inc. (NYSE:RS) Shares Find Their Feet
Oct 20Investors Will Want Reliance's (NYSE:RS) Growth In ROCE To Persist
Oct 04Reliance: Unlikely To Break New Highs
Sep 19Is Reliance (NYSE:RS) Using Too Much Debt?
Jul 31There Is A Reason Reliance, Inc.'s (NYSE:RS) Price Is Undemanding
Jul 16Calculating The Intrinsic Value Of Reliance, Inc. (NYSE:RS)
Jun 19Reliance: Exceptional Fundamentals With Compounding Returns
Jun 01Reliance (NYSE:RS) Is Experiencing Growth In Returns On Capital
May 22Earnings Miss: Reliance, Inc. Missed EPS By 5.5% And Analysts Are Revising Their Forecasts
Apr 28Reliance (NYSE:RS) Has A Pretty Healthy Balance Sheet
Apr 19Little Excitement Around Reliance, Inc.'s (NYSE:RS) Earnings
Mar 19Reliance Steel & Aluminum's (NYSE:RS) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Reliance Steel & Aluminum: A Very Reliable Operator
Feb 18Why The 20% Return On Capital At Reliance Steel & Aluminum (NYSE:RS) Should Have Your Attention
Jan 18Reliance Steel & Aluminum Co.'s (NYSE:RS) Share Price Is Matching Sentiment Around Its Earnings
Dec 19Reliance Steel: Wait For A Pullback Before Buying
Dec 07Is Reliance Steel & Aluminum (NYSE:RS) A Risky Investment?
Nov 26Investors Shouldn't Overlook Reliance Steel & Aluminum's (NYSE:RS) Impressive Returns On Capital
Oct 10Reliance Steel & Aluminum: Not A High Growth Company Despite Acquisitions
Sep 22Reliance Steel & Aluminum (NYSE:RS) Has A Pretty Healthy Balance Sheet
Aug 19Reliance Steel: Exuberant Margins Reverting To The Mean
Jul 11Reliance Steel & Aluminum: An Attractive Dividend Score Card, Buy
May 31Returns on Capital Paint A Bright Future For Reliance Steel & Aluminum (NYSE:RS)
May 20Is Reliance Steel & Aluminum (NYSE:RS) Using Too Much Debt?
May 05Do Reliance Steel & Aluminum's (NYSE:RS) Earnings Warrant Your Attention?
Apr 18Reliance Steel & Aluminum Q4 2022 Earnings Preview
Feb 15The Trend Of High Returns At Reliance Steel & Aluminum (NYSE:RS) Has Us Very Interested
Feb 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RS's dividends per share have been stable in the past 10 years.
Growing Dividend: RS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Reliance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RS) | 1.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (RS) (up to 3 years) | 1.1% |
Notable Dividend: RS's dividend (1.42%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: RS's dividend (1.42%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.3%), RS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), RS's dividend payments are well covered by cash flows.