Reliance, Inc. (RS) To Go Ex-Dividend on November 20th

Reliance, Inc. (NYSE:RS – Get Free Report) announced a quarterly dividend on Tuesday, October 20th. Shareholders of record on Friday, November 20th will be given a dividend of $1.25 per share by the industrial products company on Friday, December 4th. This represents a $5.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, November 20th.

Reliance has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 15 consecutive years. Reliance has a payout ratio of 25.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Reliance to earn $23.69 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 21.1%.

Reliance Trading Down 0.0%

Shares of RS stock traded down $0.07 during trading hours on Thursday, hitting $421.00. The company had a trading volume of 175,788 shares, compared to its average volume of 340,310. The company’s fifty day moving average is $397.92 and its 200 day moving average is $384.60. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.30 and a quick ratio of 2.27. Reliance has a fifty-two week low of $260.31 and a fifty-two week high of $435.00. The stock has a market capitalization of $21.50 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 0.96 and a beta of 0.95.

Reliance (NYSE:RS – Get Free Report) last released its earnings results on Wednesday, October 21st. The industrial products company reported $8.02 earnings per share for the quarter, beating the consensus estimate of $6.83 by $1.19. The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $4.74 billion. Reliance had a return on equity of 12.51% and a net margin of 5.65%. Reliance’s revenue was up 42.8% compared to the same quarter last year. During the same period in the previous year, the company posted $3.64 EPS. Research analysts expect that Reliance will post 23.70 earnings per share for the current fiscal year.

Trending Headlines about Reliance

Here are the key news stories impacting Reliance this week:

  • Positive Sentiment: Record quarterly results: Reliance reported third-quarter sales of $5.21 billion, up 42.8% year over year and ahead of the $4.74 billion consensus estimate. Diluted GAAP EPS was $7.84, compared with $3.59 a year earlier; adjusted EPS reported by some sources was $8.02, substantially exceeding analyst expectations of roughly $6.76–$6.83. Tons sold increased 15.6% year over year. Reliance, Inc. Reports Third Quarter 2026 Financial Results
  • Positive Sentiment: Higher capital returns: The board increased Reliance’s share-repurchase authorization to $2.5 billion. The company returned approximately $109 million to shareholders during the quarter through dividends and buybacks, signaling confidence in cash generation and valuation support. Reliance Reports Record Third-Quarter Sales and EPS
  • Positive Sentiment: Dividend declared: Reliance announced a quarterly dividend of $1.25 per share, or $5.00 annualized, representing an approximately 1.2% yield. Shareholders of record on November 20 are scheduled to receive payment on December 4.
  • Neutral Sentiment: Mixed institutional positioning: Recent filings showed 323 institutional investors adding RS shares versus 262 reducing positions. This suggests continued institutional interest but also notable portfolio turnover.
  • Negative Sentiment: Insider selling: Six reported insider transactions over the past six months were sales, with no purchases. While these sales may be routine or planned, the absence of insider buying is a modest sentiment concern.

Reliance Company Profile

(Get Free Report)

Reliance, Inc (NYSE: RS) is a diversified metals service center company that supplies processed metal products and related services to industrial manufacturers, fabricators, and other commercial customers. Its product offerings include carbon steel, stainless steel, aluminum, copper, brass, and other specialty metals.

The company provides value-added processing services such as cutting, slitting, leveling, blanking, machining, forming, and precision sawing. These services allow customers to purchase metals in customized sizes and specifications, helping reduce their need for in-house processing and inventory management.

Founded in 1939, Reliance serves a broad range of industries, including nonresidential construction, transportation, aerospace and defense, energy, electronics, machinery, and general manufacturing.

Further Reading

Dividend History for Reliance (NYSE:RS)

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