Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Friedman Industries, Inc. ( FRD) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 11/15/13. As a percentage of FRD's recent stock price of $10.02, this dividend works out to approximately 0.80%, so look for shares of Friedman Industries, Inc. to trade 0.80% lower — all else being equal — when FRD shares open for trading on 10/16/13.Below is a dividend history chart for FRD, showing historical dividends prior to the most recent $0.08 declared by Friedman Industries, Inc.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRD is likely to continue, and whether the current estimated yield of 3.19% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRD shares, versus its 200 day moving average: Looking at the chart above, FRD's low point in its 52 week range is $9.00 per share, with $11.98 as the 52 week high point — that compares with a last trade of $10.02.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013) In Monday trading, Friedman Industries, Inc. shares are currently up about 0.2% on the day.