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Stock impact report

Friedman Industries (NASDAQ:FRD) Has Affirmed Its Dividend Of $0.04 [Yahoo! Finance]

Friedman Industries Inc. (FRD) 
NASDAQ:AMEX Investor Relations: friedmanindustries.com/clients.html
Company Research Source: Yahoo! Finance
The dividend yield is 0.7% based on this payment, which is a little bit low compared to the other companies in the industry. While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Friedman Industries' stock price has increased by 34% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Friedman Industries' Future Dividend Projections Appear Well Covered By Earnings Even a low dividend yield can be attractive if it is sustained for years on end. However, prior to this announcement, Friedman Industries' dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into Show less Read more
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