StockWatch
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Steel/Iron Ore
DividendJun 24, 2026, 03:26 PM

Friedman Industries Declares $0.04 Per Share Quarterly Dividend

AI Summary

Friedman Industries, Incorporated's Board of Directors declared a cash dividend of $0.04 per share on its Common Stock. This dividend will be paid on August 7, 2026, to shareholders of record at the close of business on July 17, 2026. This marks the company's 218th consecutive quarterly cash dividend since becoming publicly traded in 1972, with the Board aiming for a stable and potentially increasing dividend based on financial performance.

Key Highlights

  • Declared a cash dividend of $0.04 per share on Common Stock.
  • Dividend payable on August 7, 2026.
  • Shareholders of record as of July 17, 2026 will receive the dividend.
  • Marks the company's 218th consecutive quarterly cash dividend.
  • Dividends are declared quarterly at the Board's discretion.