Friedman Industries Dividends and Buybacks
Dividend criteria checks 3/6
Friedman Industries is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
5.5%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.160 |
| Payout ratio | 12% |
Recent dividend and buyback updates
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) | 4.3% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (FRD) (up to 3 years) | n/a |
Notable Dividend: FRD's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: FRD's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.