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Friedman Industries (Friedman Industries) Dividend Yield % : 0.52% (As of Apr. 27, 2024)


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What is Friedman Industries Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Friedman Industries is 0.52%.

Warning Sign:

Friedman Industries Inc stock dividend yield is close to 10-year low.

The historical rank and industry rank for Friedman Industries's Dividend Yield % or its related term are showing as below:

FRD' s Dividend Yield % Range Over the Past 10 Years
Min: 0.41   Med: 0.94   Max: 5.37
Current: 0.52

During the past 13 years, the highest Dividend Yield of Friedman Industries was 5.37%. The lowest was 0.41%. And the median was 0.94%.

FRD's Dividend Yield % is ranked worse than
91.06% of 358 companies
in the Steel industry
Industry Median: 2.73 vs FRD: 0.52

Friedman Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.03.

During the past 13 years, the highest Dividend Payout Ratio of Friedman Industries was 1.33. The lowest was 0.02. And the median was 0.13.

As of today (2024-04-27), the Forward Dividend Yield % of Friedman Industries is 0.83%.

Friedman Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.02.

During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -9.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Friedman Industries was 440.60% per year. The lowest was -57.50% per year. And the median was 2.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Friedman Industries Dividend Yield % Historical Data

The historical data trend for Friedman Industries's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Friedman Industries Dividend Yield % Chart

Friedman Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.72 0.99 0.91 0.71

Friedman Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.71 0.63 0.60 0.52

Competitive Comparison of Friedman Industries's Dividend Yield %

For the Steel subindustry, Friedman Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Friedman Industries's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Friedman Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Friedman Industries's Dividend Yield % falls into.



Friedman Industries Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Friedman Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0402024-04-252024-04-262024-05-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202024-01-182024-01-192024-02-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-10-192023-10-202023-11-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-07-202023-07-212023-08-11Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Friedman Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/19.46
=0.51 %

Current Share Price is $19.46.
Friedman Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.1.

Friedman Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.16/19.46
=0.82 %

Current Share Price is $19.46.
Friedman Industries's Dividends per Share for the forward twelve months is calculated as $0.04 * 4 = $0.16.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Friedman Industries  (AMEX:FRD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Friedman Industries Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Friedman Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Friedman Industries (Friedman Industries) Business Description

Traded in Other Exchanges
Address
1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.
Executives
Max Alan Reichenthal director 865 LOCKWOOD DRIVE, HOUSTON TX 77020
Joel Spira director THREE GREENWAY PLAZA, SUITE 1750, HOUSTON TX 77046
Mike J Taylor director P.O. BOX 2192, LONGVIEW TX 75606
Sharon L Taylor director 4200 B STONE RD, KILGORE TX 75662
Alex Larue officer: VP - Secretary & Treasurer 7 PEBBLE CREEK DRIVE NORTH, LONGVIEW TX 75605
Durga D Agrawal director 2921 UNIVERSITY BLVD, HOUSTON TX 77005
Sandra Kay Scott director 11503 BISTRO LANE, HOUSTON TX 77082
Joe L Williams director P.O. BOX 1587, HOUSTON TX 77251
Tim Scott Stevenson director PO BOX 2192, LONGVIEW TX 75606
Robert Sparkman officer: President & COO P.O. BOX 2192, LONGVIEW TX 75605
Charles W Hall director 1301 MCKINNEY STE 5100, HOUSTON TX 77010
Benny Harper officer: Sr. VP-Finance 1301 MCKINNEY STE 5100, HOUSTON TX 77010
William E Crow director, officer: President and CEO P.O. BOX 1587, HOUSTON TX 77251
Hershel M Rich director P.O. BOX 1587, HOUSTON TX 77251
Harold Friedman director, 10 percent owner, officer: Vice Chairman of the Board 4001 HOMESTEAD ROAF, HOUSTON TX 77028

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