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. Next payment date is on 14th February, 2025 with an ex-dividend date of 17th January, 2025.
Key information
1.1%
Dividend yield
4.9%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.5% |
| Next dividend pay date | 14 Feb 25 |
| Ex dividend date | 17 Jan 25 |
| Dividend per share | US$0.160 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: FRD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Friedman Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FRD) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (FRD) (up to 3 years) | n/a |
Notable Dividend: FRD's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FRD's dividend (1.06%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), FRD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.4%), FRD's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:40 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Friedman Industries, Incorporated is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|