On February 18, the Company’s Board of Directors declared a quarterly cash dividend of $1.20 per share of common stock, an increase of 9.1%, payable on March 21 to stockholders of record as of March 7 . Reliance (RS) has paid regular quarterly cash dividends for 65 consecutive years without reduction or suspension and has increased the dividend 32 times since its 1994 IPO to a current annual rate of $4.80 per common share.
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