Reliance Steel & Aluminum Co. ( NYSE:RS – Get Free Report ) declared a quarterly dividend on Tuesday, July 25th, Zacks reports. Shareholders of record on Friday, August 18th will be given a dividend of 1.00 per share by the industrial products company on Friday, September 1st. This represents a $4.00 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Thursday, August 17th. Reliance Steel & Aluminum has increased its dividend payment by an average of 16.7% annually over the last three years and has increased its dividend every year for the last 13 years.

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