Friedman IndustriesFRD +2.01%71 Dividend Payout Ratio is 0.04 as of Mar. 2026, which is 33% below its 10-year median of 0.06. GuruFocus rates FRD with a GF Score™ of 71/100 and a GF Value™ of $22.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 271 Steel companies, Friedman Industries ranks better than 91.88% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Friedman Industries's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.04.
The historical rank and industry rank for Friedman Industries's Dividend Payout Ratio or its related term are showing as below:
FRD'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.19
Current: 0.07
During the past 13 years, the highest Dividend Payout Ratio of Friedman Industries was 0.19. The lowest was 0.02. And the median was 0.06.
FRD's Dividend Payout Ratio is ranked better than 91.88% of 271
companies
in the Steel industry
Industry Median: 0.39
vs FRD: 0.07
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.20% 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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Friedman Industries (NAS:FRD) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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.
Friedman Industries Dividend Payout Ratio Related Terms
Friedman Industries Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Friedman Industries's Dividend Payout Ratio 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.
FRD vs LUD, ZKIN, HLP: Dividend Payout Ratio Comparison
For the Steel subindustry, Friedman Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Friedman Industries's Dividend Payout Ratio falls into.
Friedman Industries Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Friedman Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (FRD) has a Dividend Payout Ratio of 0.04 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Friedman Industries and its competitors. This is 33% below median its historical median of 0.06. Over the past decade, Friedman Industries' Dividend Payout Ratio has ranged from 0.02 to 0.19. According to the industry distribution chart, Friedman Industries ranks #22 out of 271 companies in the Steel industry, placing it in the top 8.1%.
Is Friedman Industries' Dividend Payout Ratio too high?
Friedman Industries' current Dividend Payout Ratio of 0.04 is 33% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.19. The Steel industry median Dividend Payout Ratio is 0.39. Friedman Industries' value of 0.04 is 89.7% below this industry median. Based on the distribution chart, Friedman Industries ranks #22 out of 271 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Friedman Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Dividend Payout Ratio compare to LUD and ZKIN?
According to the Steel industry distribution chart, Friedman Industries ranks #22 out of 271 companies for Dividend Payout Ratio. This places Friedman Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Friedman Industries' value of 0.04 is 89.7% below this benchmark. Historically, Friedman Industries' own Dividend Payout Ratio has ranged from 0.02 to 0.19 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.39, Friedman Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, based on 271 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Friedman Industries's current Dividend Payout Ratio of 0.04 is 89.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Friedman Industries and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current Dividend Payout Ratio is 0.04, which is 33% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.21, compared to a current price of $34.12 — trading 53.6% above its estimated fair value. The current Dividend Payout Ratio is 0.04, which is 33% below median its 10-year median of 0.06 and 89.7% below the Steel industry median of 0.39. Friedman Industries' overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Friedman Industries (FRD), the current Dividend Payout Ratio is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $34.12 is trading 53.6% above its estimated GF Value™ of $22.21.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
Dividend Payout Ratio: 0.04 (33% below median its 10-year median of 0.06)
GF Value™: $22.21 vs. price of $34.12 (53.6% above fair value)
Industry Position: 89.7% below the Steel median (#22 of 271)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
71GF Score
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