Reliance 2016 Annual Report

Even in challenging times, Reliance continues to deliver quality products and services – and does so profitably – thanks to the expertise of our management and solid execution by our workforce. Our operational agility helps us navigate volatile metals pricing, changing market conditions, and fluctuations at any point along our supply chain. The results: a strong corporate balance sheet and consistent returns to our stockholders.

We remain focused on our balanced capital allocation strategy: growth through acquisitions and organic

investments, while also providing meaningful stockholder returns. This includes quarterly cash dividends, which Reliance has paid for 57 consecutive years. In 2016, we increased our dividend – for the 24th time since our IPO – 5.9% to $0.45 per share.

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