Friedman Industries, Incorporated Announces Cash Dividend
Friedman Industries Inc. (FRD)
NASDAQ:AMEX Investor Relations:
friedmanindustries.com/clients.html
Company Research
Source: GlobeNewswire
LONGVIEW, Texas, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE American: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on September 18, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 15, 2024 to shareholders of record at the close of business on October 25, 2024. This dividend marks the Company’s 211th consecutive quarterly cash dividend since becoming publicly traded in 1972. Dividends are declared at the discretion of the Board and reviewed on a quarterly basis. The Board’s desire is to pay a dividend at a level that it feels can be held stable for the foreseeable future and which may be increased periodically as the Company’s financial position and operations become supportive of a new amount that the Board believes is sustainable. The determination to pay ca
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News
- Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand [Yahoo! Finance]Yahoo! Finance
- Friedman Industries, Incorporated Announces Second Quarter Results [Yahoo! Finance]Yahoo! Finance
- Friedman Industries, Incorporated Announces Second Quarter ResultsGlobeNewswire
- Friedman's Q1 Confirms Our Views, Stock Not Attractive Yet [Seeking Alpha]Seeking Alpha
FRD
Sec Filings
- 11/20/24 - Form 4
- 11/13/24 - Form SC
- 11/12/24 - Form 8-K
- FRD's page on the SEC website