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Saturday, February 19, 2011

Reliance Steel board announces quarterly cash dividend


Saturday, 19 Feb 2011

On February 16th 2011, the board of directors increased the regular quarterly cash dividend by 20%, to USD 0.12 per share from USD 0.10 per share. The board declared the 2011 first quarter cash dividend of USD 0.12 per share of common stock payable on March 25th 2011 to shareholders of record March 4th 2011.

The company has paid regular quarterly dividends for 51 consecutive years and has increased its dividend 16 times since its 1994 IPO.

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