Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

NEW YORK (

TheStreet

) -- The ex-dividend date for

Reliance Steel and Aluminum

(NYSE:

RS

) is tomorrow, May 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $67.82 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Reliance Steel and Aluminum has been 575,100 shares per day over the past 30 days. Reliance Steel and Aluminum has a market cap of $5.12 billion and is part of the industrial goods sector and industrial industry. Shares are up 7.6% year to date as of the close of trading on Friday.

Reliance Steel & Aluminum Co. operates as a metals service center company. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Reliance Steel and Aluminum as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Reliance Steel and Aluminum Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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