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|Top 10th Percentile Ranked Dividend Stock FRD Enters Oversold Territory
Monday, March 25, 12:00 PM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Friedman Industries, Inc. About To Put More Money In Your Pocket (FRD)
Monday, April 15, 10:38 AM ET, by Market News Video Staff
On 4/17/13, Friedman Industries, Inc. (FRD) will trade ex-dividend, for its quarterly dividend of $0.08, ...
FRD Stock Crowded With Sellers
Monday, April 15, 1:03 PM ET, by Market News Video Staff
In trading on Monday, shares of Friedman Industries, Inc. (FRD) entered into oversold territory, changing ...
FRD Added as Top 5 Metals Channel Dividend Stock With 3.27% Yield
Monday, June 10, 9:17 AM ET, by Market News Video Staff
Friedman Industries, Inc. (FRD) has been named as a Top 5 dividend paying metals and ...
Cash Dividend On The Way From Friedman Industries, Inc. (FRD)
Monday, July 15, 10:30 AM ET, by Market News Video Staff
On 7/17/13, Friedman Industries, Inc. (FRD) will trade ex-dividend, for its quarterly dividend of $0.08, ...
FRD Added as Top 5 Metals Channel Dividend Stock With 5.37% Yield
By Metals Channel Staff, Friday, August 31, 9:36 AM ET
Friedman Industries, Inc. (AMEX:FRD) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, FRD shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent FRD share price of $9.70 represents a price-to-book ratio of 1.0 and an annual dividend yield of 5.37% — by comparison, the average metals and mining stock in Dividend Channel's coverage universe yields 2.2% and trades at a price-to-book ratio of 2.0. The report also cited the strong quarterly dividend history at Friedman Industries, Inc., and favorable long-term multi-year growth rates in key fundamental data points.
The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''
The annualized dividend paid by Friedman Industries, Inc. is $0.52/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 07/18/2012. Below is a long-term dividend history chart for FRD, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
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