Friedman Industries Incorporated Stock Dividends
FRD pays dividends quarterly. Last paid amount was $0.0200 at Feb 16, 2024. As of today, dividend yield (TTM) is 0.612%.
Dividend Yield Range
AI Analysis of FRD
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.612% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 100.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0400 |
| Next Ex-Dividend Date | Apr 25, 2024 |
| Next Payment Date | May 24, 2024 |
FRD Dividend Payout History
To ensure a understanding of FRD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 20, 2024 | Apr 25, 2024 | May 24, 2024 | $0.0400 | 0.207% |
| 2 | Dec 13, 2023 | Jan 18, 2024 | Feb 16, 2024 | $0.0200 | 0.117% |
| 3 | Sep 13, 2023 | Oct 19, 2023 | Nov 10, 2023 | $0.0200 | 0.175% |
| 4 | Jun 20, 2023 | Jul 20, 2023 | Aug 11, 2023 | $0.0200 | 0.112% |
| 5 | Mar 21, 2023 | Apr 27, 2023 | May 26, 2023 | $0.0200 | 0.197% |
| 6 | Dec 05, 2022 | Jan 12, 2023 | Feb 10, 2023 | $0.0200 | 0.187% |
| 7 | Sep 13, 2022 | Oct 13, 2022 | Nov 18, 2022 | $0.0200 | 0.213% |
| 8 | Jun 28, 2022 | Jul 21, 2022 | Aug 12, 2022 | $0.0200 | 0.185% |
| 9 | Mar 31, 2022 | Apr 28, 2022 | May 27, 2022 | $0.0200 | 0.207% |
| 10 | Dec 14, 2021 | Jan 13, 2022 | Feb 11, 2022 | $0.0200 | 0.208% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
FRD Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from FRD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FRD stock here.
Comparing FRD to Sector and Country
FRD pays a solid dividend yield of 0.612%, which is lower than the average of the bottom 25% of dividend payers in the US market (0.82%). FRD’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the US market (8.27%), which means that there are more attractive dividend stocks to consider.
