Reliance Steel & Aluminum Co. (RS) Dividends

RS Price Forecast Based on Dividend Discount Model

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 Dividends vs. Peers