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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:
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 (2024-05-13), the Dividend Yield % of Friedman Industries is 0.52%.
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 0.92%.
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.
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.
Friedman Industries Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Dividend Payout Ratio | Get a 7-Day Free Trial | 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 | 0.19 | 0.03 | 0.02 | 0.80 | 0.03 |
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.
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.
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.
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.
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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