Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.38%.
YIELD ON COST (YOC)
0.38%
FRD now pays $0.16 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-10-04) | $5.29 | 3.02% |
| 5 years ago(2021-09-30) | $11.91 | 1.34% |
| 3 years ago(2023-10-03) | $12.61 | 1.27% |
| 1 year ago(2025-10-07) | $20.29 | 0.79% |
| Buying today(at $42.19) | $42.19 | 0.38% |
Projection: starting from today's 0.38% yield, assuming the dividend keeps compounding at 19.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.38%
In 3 years
0.64%
In 5 years
0.90%
In 10 years
2.14%
Try your own purchase price, dividend and growth rate for Friedman Industries, Incorporated (FRD).
Starting Yield
0.38%
Ending YOC
3.03%
Year 15 Dividend
$1.28
Cum. Dividends Recd.
$8.65
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.16 | N/A | 0.38% | $0.00 |
| Year 1 | $0.18 | +14.87% | 0.44% | $0.18 |
| Year 2 | $0.21 | +14.87% | 0.50% | $0.39 |
| Year 3 | $0.24 | +14.87% | 0.57% | $0.64 |
| Year 4 | $0.28 | +14.87% | 0.66% | $0.92 |
| Year 5 | $0.32 | +14.87% | 0.76% | $1.24 |
| Year 6 | $0.37 | +14.87% | 0.87% | $1.60 |
| Year 7 | $0.42 | +14.87% | 1.00% | $2.03 |
| Year 8 | $0.49 | +14.87% | 1.15% | $2.51 |
| Year 9 | $0.56 | +14.87% | 1.32% | $3.07 |
| Year 10 | $0.64 | +14.87% | 1.52% | $3.71 |
| Year 11 | $0.74 | +14.87% | 1.74% | $4.44 |
| Year 12 | $0.84 | +14.87% | 2.00% | $5.29 |
| Year 13 | $0.97 | +14.87% | 2.30% | $6.26 |
| Year 14 | $1.11 | +14.87% | 2.64% | $7.37 |
| Year 15 | $1.28 | +14.87% | 3.03% | $8.65 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
