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Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.

Friedman Industries Dividend Announcement

Friedman Industries announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-25
Friedman Industries annual dividend for 2024 was $0.14
Friedman Industries annual dividend for 2023 was $0.08
Friedman Industries 's trailing twelve-month (TTM) dividend yield is 1.21%
Friedman Industries 's payout ratio for the trailing twelve months (TTM) is 5.83%
Friedman Industries 's dividend growth over the last five years (2018-2023) was -7.79% year
Friedman Industries 's dividend growth over the last ten years (2013-2023) was -14.20% year

Friedman Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-25$0.04quarterly2024-11-15
2024-07-26$0.04quarterly2024-08-16
2024-04-25$0.04quarterly2024-05-24
2024-01-18$0.02quarterly2024-02-16
2023-10-19$0.02quarterly2023-11-10
2023-07-20$0.02quarterly2023-08-11
2023-04-27$0.02quarterly2023-05-26
2023-01-12$0.02quarterly2023-02-10
2022-10-13$0.02quarterly2022-11-18
2022-07-21$0.02quarterly2022-08-12
2022-04-28$0.02quarterly2022-05-27
2022-01-13$0.02quarterly2022-02-11
2021-10-07$0.02quarterly2021-11-12
2021-07-15$0.02quarterly2021-08-06
2021-04-22$0.02quarterly2021-05-21
2021-01-07$0.02quarterly2021-02-05
2020-10-08$0.02quarterly2020-11-13
2020-07-16$0.02quarterly2020-08-07
2020-04-23$0.02quarterly2020-05-22
2020-01-09$0.02quarterly2020-02-07
2019-10-10$0.02quarterly2019-11-15
2019-07-18$0.04quarterly2019-08-09
2019-04-25$0.04quarterly2019-05-24
2019-01-10$0.06quarterly2019-02-08
2018-10-11$0.06quarterly2018-11-16
2018-07-12$0.03quarterly2018-08-10
2018-04-26$0.02quarterly2018-05-25
2018-01-11$0.01quarterly2018-02-09
2017-10-12$0.01quarterly2017-11-17
2017-07-12$0.01quarterly2017-08-11
2017-04-26$0.01quarterly2017-05-26
2017-01-11$0.01quarterly2017-02-10
2016-10-12$0.01quarterly2016-11-18
2016-07-13$0.01quarterly2016-08-12
2016-04-27$0.01quarterly2016-05-27
2016-01-13$0.01quarterly2016-02-12
2015-10-14$0.01quarterly2015-11-13
2015-07-15$0.01quarterly2015-08-14
2015-04-29$0.01quarterly2015-05-29
2015-01-14$0.02quarterly2015-02-13
2014-10-15$0.02quarterly2014-11-14
2014-07-16$0.02quarterly2014-08-15
2014-04-23$0.02quarterly2014-05-23
2014-01-15$0.02quarterly2014-02-14
2013-10-16$0.08quarterly2013-11-15
2013-07-17$0.08quarterly2013-08-16
2013-04-17$0.08quarterly2013-05-17
2013-01-16$0.13quarterly2013-02-15

Friedman Industries Dividend per year

Friedman Industries Dividend growth

Friedman Industries Dividend Yield

Friedman Industries current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing Friedman Industries stock? Use our calculator to estimate your expected dividend yield:

Friedman Industries Financial Ratios

P/E ratio8.43
PEG ratio-0.75
P/B ratio0.79
ROE9.65%
Payout ratio5.83%
Current ratio4.19
Quick ratio1.10
Cash Ratio0.11

Friedman Industries Dividend FAQ

How much is the next Friedman Industries dividend?
Friedman Industries 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Friedman Industries dividend. The next Friedman Industries dividend will be released in January, April, July, or October.
When is Friedman Industries dividend paid?
Friedman Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Friedman Industries pay?
The specific amount of Friedman Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Friedman Industries 's dividend history.
Does Friedman Industries stock pay dividends?
Yes, Friedman Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Friedman Industries 's dividend history.
How much dividend does Friedman Industries pay?
Friedman Industries paid $0.14 in 2024, $0.08 in 2023, $0.08 in 2022, $0.08 in 2021, and $0.08 in 2020.
How often does Friedman Industries pay dividends?
Friedman Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Friedman Industries 's dividend yield?
The current dividend yield for Friedman Industries is 1.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Friedman Industries 's exact dividend yield.
When does Friedman Industries go ex dividend?
Friedman Industries 's ex-dividend date for the latest dividend was on 2024-10-25. Friedman Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Friedman Industries dividend paid?
Friedman Industries pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Friedman Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Friedman Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Friedman Industries dividend per share?
Friedman Industries paid $0.14 per share in 2024 and $0.08 per share in 2023. The amount of dividend per share that Friedman Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Friedman Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Friedman Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Friedman Industries a dividend stock?
Yes, Friedman Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Friedman Industries a good dividend stock?
Whether Friedman Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Friedman Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Friedman Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Friedman Industries pay dividends monthly?
Friedman Industries typically pays dividends on a quarterly basis.
Does Friedman Industries pay dividends quarterly?
Friedman Industries currently pays dividends on a quarterly basis.
Has Friedman Industries ever paid a dividend?
Yes, Friedman Industries has a history of paying dividends to its shareholders. Friedman Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Friedman Industries dividend stocks?
To buy Friedman Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Friedman Industries stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Friedman Industries pay dividends 2024?
Friedman Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Friedman Industries increase its dividend in 2024?
Decisions regarding Friedman Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Friedman Industries dividend overview you can look into the above table of dividend history.
How Friedman Industries dividend works?
The Friedman Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Friedman Industries 's dividend process works:

1. Determination of Dividend: Friedman Industries 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Friedman Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Friedman Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Friedman Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Friedman Industries dividends paid?
Friedman Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Friedman Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Friedman Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Friedman Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Friedman Industries pay dividends?
Friedman Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Friedman Industries pay dividends?
The general pattern is that Friedman Industries pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Friedman Industries dividend safe?
The safety of Friedman Industries 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Friedman Industries 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Friedman Industries 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.