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Friedman Industries Incorporated Stock Dividends Overview

FRD pays dividends quarterly. Last paid amount was $0.0200 at Feb 16, 2024. As of today, dividend yield (TTM) is 0.623%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.623%
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.


# Declaration Date Ex-Date Pay Date Amount Yield
71 Apr 02, 2007 Apr 25, 2007 May 25, 2007 $0.0800 0.85%
72 Dec 05, 2006 Jan 24, 2007 Feb 23, 2007 $0.100 1.07%
73 Sep 07, 2006 Oct 18, 2006 Nov 17, 2006 $0.0800 0.87%
74 May 31, 2006 Jul 26, 2006 Aug 25, 2006 $0.0800 0.92%
75 Mar 27, 2006 Apr 26, 2006 May 26, 2006 $0.0800 0.91%
76 Nov 28, 2005 Jan 25, 2006 Feb 24, 2006 $0.0800 1.04%
77 Sep 08, 2005 Oct 19, 2005 Nov 25, 2005 $0.0800 1.36%
78 Jun 10, 2005 Jul 27, 2005 Aug 26, 2005 $0.0800 1.25%
79 Mar 28, 2005 Apr 27, 2005 May 27, 2005 $0.0800 1.06%
80 Nov 29, 2004 Jan 26, 2005 Feb 25, 2005 $0.0800 0.92%

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

Low (32.23%)

Growth potential

Decrease likely (49.29%)

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 0.623%, which is lower than the average of the bottom 25% of dividend payers in the US market (0.791%). 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 (7.42%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of FRD's dividend payments?
The amount of FRD's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in FRD sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FRD stock be automatically reinvested?
If FRD offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy FRD stock.

How often does FRD pay dividend?
Friedman Industries Incorporated (FRD) pays dividends quarterly. The most recent payout was on Feb 16, 2024. The upcoming dividend Ex Date is Apr 25, 2024, with an amount of $0.0400.

How much does FRD pays per share?
The last recorder (Jan 18, 2024) dividend per share was $0.0200.

What is FRD dividend growth rate?
Over the last year, Friedman Industries Incorporated has witnessed growth rate of 100.00% . Looking back over the past 3 years, this growth rate has been 25.99%. Furthermore, examining the past 5 years, Friedman Industries Incorporated has maintained an average Dividends Per Share Growth Rate of 0%.
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About Friedman Industries Incorporated

Friedman Industriesorporated Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil... FRD Profile

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