NEW YORK ( TheStreet) -- The ex-dividend date for Reliance Steel and Aluminum (NYSE: RS) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $48.97 as of 9:30 a.m. ET, the dividend yield is 1.3%. The average volume for Reliance Steel and Aluminum has been 610,300 shares per day over the past 30 days. Reliance Steel and Aluminum has a market cap of $3.61 billion and is part of the industrial goods sector and industrial industry. Shares are down 1.4% year to date as of the close of trading on Friday. Reliance Steel & Aluminum Co. operates as a metals service center company primarily in the United States and Canada. The company has a P/E ratio of 9.8, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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