GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Friedman Industries Inc (AMEX:FRD) » Definitions » Dividend Payout Ratio

Friedman Industries (Friedman Industries) Dividend Payout Ratio : 0.03 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Friedman Industries Dividend Payout Ratio?

Friedman Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.03.

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: 0.13   Max: 1.33
Current: 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.

FRD's Dividend Payout Ratio is ranked better than
97.69% of 303 companies
in the Steel industry
Industry Median: 0.29 vs FRD: 0.03

As of today (2024-04-26), the Dividend Yield % of Friedman Industries is 0.43%.

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

Friedman Industries's Dividends per Share for the 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 Payout Ratio Historical Data

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.

* Premium members only.

Friedman Industries Dividend Payout Ratio Chart

Friedman Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 - 0.05 0.02 0.04

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 Payout Ratio 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 0.19 0.03 0.02 0.80 0.03

Competitive Comparison of Friedman Industries's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Friedman Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=0.08/ 1.932
=0.04

Friedman Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.02/ 0.696
=0.03

* 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 Payout Ratio Explanation

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.


Friedman Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Friedman Industries's Dividend Payout Ratio 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

Friedman Industries (Friedman Industries) Headlines

From GuruFocus

FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND

By Marketwired Marketwired 09-13-2019

Friedman Industries, Incorporated Announces Cash Dividend

By Marketwired Marketwired 03-28-2018

Friedman Industries, Incorporated Announces Third Quarter Results

By Marketwired Marketwired 02-15-2019

Friedman Industries

By Barel Karsan Barel Karsan 09-18-2020

Friedman Industries, Incorporated Announces First Quarter Results

By Marketwired Marketwired 08-15-2019

Friedman Industries: Now Firing on All Cylinders

By Praveen Chawla Praveen Chawla 05-25-2021

Friedman Industries, Incorporated Announces Cash Dividend

By Marketwired Marketwired 08-31-2018

Friedman Industries, Incorporated Announces Cash Dividend

By Marketwired Marketwired 03-20-2019