Friedman Industries Inc. ( FRD ) will begin trading ex-dividend on July 16, 2014. A cash dividend payment of $0.02 per share is scheduled to be paid on August 15, 2014. Shareholders who purchased FRD stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that FRD has paid the same dividend. At the current stock price of $8.42, the dividend yield is .95%.
The previous trading day's last sale of FRD was $8.42, representing a -18.73% decrease from the 52 week high of $10.36 and a 6.99% increase over the 52 week low of $7.87.
FRD is a part of the Capital Goods sector, which includes companies such as Tenaris S.A. ( TS ) and ArcelorMittal ( MT ). FRD's current earnings per share, an indicator of a company's profitability, is $.25.
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