Friedman Industries's most recent dividend was on Jul 26, 2024 (ex-date) with a cash dividend payment of $0.04 per share. On an annualized basis, the company has a current payout of $0.12 per share. This brings the dividend yield to 0.83% based on its recent close price.
Friedman Industries's dividend yield of 0.83% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 2.15%, Friedman Industries's dividend yield is 61% lower. Historically FRD's dividend yield has averaged at 1.1% in the last 5 years, which is above the current yield.
Friedman Industries has been paying dividends since 1995. FRD has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 50% for the last year. And since the stock price has gone up by 12% from a year ago, the dividend yield has increased by 34%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Jul 26, 2024 | $0.04 | 0.69% |
Apr 25, 2024 | $0.04 | 0.52% |
Jan 18, 2024 | $0.02 | 0.51% |
Oct 19, 2023 | $0.02 | 0.7% |
Jul 20, 2023 | $0.02 | 0.56% |
Apr 27, 2023 | $0.02 | 0.72% |
Jan 12, 2023 | $0.02 | 0.76% |
Oct 13, 2022 | $0.02 | 1.06% |
Jul 21, 2022 | $0.02 | 1% |
Apr 28, 2022 | $0.02 | 0.9% |
Jan 13, 2022 | $0.02 | 0.68% |
Oct 7, 2021 | $0.02 | 0.67% |
Jul 15, 2021 | $0.02 | 0.62% |
Apr 22, 2021 | $0.02 | 0.99% |
Jan 7, 2021 | $0.02 | 1.12% |
Oct 8, 2020 | $0.02 | 1.36% |
Jul 16, 2020 | $0.02 | 1.54% |
Apr 23, 2020 | $0.02 | 2.4% |
Jan 9, 2020 | $0.02 | 2% |
Oct 10, 2019 | $0.02 | 2.48% |
Jul 18, 2019 | $0.04 | 3.22% |
Apr 25, 2019 | $0.04 | 2.53% |
Jan 10, 2019 | $0.06 | 2.09% |
Oct 11, 2018 | $0.06 | 1.39% |
Jul 12, 2018 | $0.03 | 0.76% |
Apr 26, 2018 | $0.02 | 0.83% |
Jan 11, 2018 | $0.01 | 0.71% |
Oct 12, 2017 | $0.01 | 0.66% |
Jul 12, 2017 | $0.01 | 0.74% |
Apr 26, 2017 | $0.01 | 0.63% |
Jan 11, 2017 | $0.01 | 0.56% |
Oct 12, 2016 | $0.01 | 0.75% |
Jul 13, 2016 | $0.01 | 0.69% |
Apr 27, 2016 | $0.01 | 0.65% |
Jan 13, 2016 | $0.01 | 0.84% |
Oct 14, 2015 | $0.01 | 0.82% |
Jul 15, 2015 | $0.01 | 0.96% |
Apr 29, 2015 | $0.01 | 1.09% |
Jan 14, 2015 | $0.02 | 1.24% |
Friedman Industries's payout ratio of 7% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 42.1%, Friedman Industries's payout ratio is 83% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WOR Worthington Industries Inc | 2.24% | $0.96 | 42.7% |
ZEUS Olympic Steel Inc | 1.61% | $0.58 | 18.5% |
RS Reliance Steel & Aluminum Co | 1.58% | $4.3 | 21.7% |
NUE Nucor Corp | 1.51% | $2.13 | 15.3% |
FRD Friedman Industries Inc | 0.83% | $0.12 | 7% |
X United States Steel Corp | 0.61% | $0.2 | 7.8% |
Yes, Friedman Industries has been paying dividends for the last 30 years.
Friedman Industries's last dividend ex-date was on Jul 26, 2024. The dividend amount was $0.04 per share.
FRD's annualized dividend per share is $0.12.
Currently Friedman Industries's dividend yield is 0.83%.
Friedman Industries pays dividends quarterly.
The dividend payout ratio of Friedman Industries is 7%.
Friedman Industries's dividend yield is below the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.