Showing smoothed Payout Ratio of Reliance Steel Aluminum Co with missing and latest data points interpolated. Payout Ratio is the proportion of Reliance Steel Aluminum Co earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Reliance Steel Aluminum dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Reliance Steel Aluminum is paying out more in dividends than it makes in net income. The percentage of earnings paid as dividends to common stockholders. Calculated by dividing Dividends per Basic Common Share by Earnings per Basic Share USD.