Friedman Industries's most recent dividend was on Oct 25, 2024 (ex-date) with a cash dividend payment of $0.04 per share. On an annualized basis, the company has a current payout of $0.14 per share. This brings the dividend yield to 1.03% based on its recent close price.
Friedman Industries's dividend yield of 1.03% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 2.05%, Friedman Industries's dividend yield is 50% lower. Historically FRD's dividend yield has averaged at 1.0% in the last 5 years, which is similar to 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 75% for the last year. And since the stock price has gone up by 11% from a year ago, the dividend yield has increased by 57%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 25, 2024 | $0.04 | 0.98% |
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 12.4% is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 41.8%, Friedman Industries's payout ratio is 70% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WOR Worthington Industries Inc | 2.01% | $0.81 | 103.8% |
NUE Nucor Corp | 1.42% | $2.16 | 20.8% |
ZEUS Olympic Steel Inc | 1.4% | $0.58 | 25.2% |
RS Reliance Steel & Aluminum Co | 1.35% | $4.3 | 23.4% |
FRD Friedman Industries Inc | 1% | $0.14 | 12.4% |
X United States Steel Corp | 0.51% | $0.2 | 11.4% |
Yes, Friedman Industries has been paying dividends for the last 30 years.
Friedman Industries's last dividend ex-date was on Oct 25, 2024. The dividend amount was $0.04 per share.
FRD's annualized dividend per share is $0.14.
Currently Friedman Industries's dividend yield is 1.03%.
Friedman Industries pays dividends quarterly.
The dividend payout ratio of Friedman Industries is 12.4%.
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.