Friedman Industries Dividends and Buybacks
Dividend criteria checks 3/6
Friedman Industries is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
5.0%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.160 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: X36's dividend payments have been volatile in the past 10 years.
Growing Dividend: X36's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Friedman Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (X36) | 1.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (X36) (up to 3 years) | n/a |
Notable Dividend: X36's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: X36's dividend (1.06%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), X36's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.4%), X36's dividend payments are thoroughly covered by cash flows.