Friedman Industries, Inc. (FRD) Declares $013 Quarterly Dividend; 520% Yield

November 30, 2012 4:56 PM EST
Friedman Industries, Inc. (NYSE: FRD) declared a quarterly dividend of $013 per share, or $52 annualized.

The dividend will be payable on February 15, 2013, to stockholders of record on January 18, 2013, with an ex-dividend date of January 16, 2013.

The annual yield on the dividend is 520 percent.

For a dividend history and other dividend-related data on Friedman Industries, Inc. (FRD) click here.

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Friedman Industries next quarterly dividend
MrBill on 2012-12-17 07:29:06
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I find it hard to believe that they will issue a $13 dividend when their stock price is only $10.06, especially as their prior payments were 13 cents/share.

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