FRIEDMAN INDUSTRIES INC

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.

Friedman Industries announced strong fourth quarter and full fiscal year 2026 results, highlighted by record sales volumes and significant increases in net earnings and EBITDA. The company reported Q4 FY2026 net earnings of $9.2 million on sales of $191.8 million, with sales volume up 14%. For the full fiscal year, net earnings reached $19.5 million on sales of $646.9 million, a 46% increase. The acquisition of Century Metals contributed to volume growth. Management anticipates continued momentum into fiscal year 2027 with expected sequential margin improvement.

Friedman Industries reported strong financial results for the fourth quarter and fiscal year ended March 31, 2026. Fourth quarter net earnings rose to $9.2 million on record sales volume of 189,000 tons and sales of $191.8 million. For the full fiscal year, net earnings reached $19.5 million on record sales volume of 706,000 tons and sales of $646.9 million, reflecting the effectiveness of its long-term growth strategy and the Century Metals acquisition. Management anticipates Q1 fiscal 2027 sales volumes to be comparable to Q4 fiscal 2026, with sequential margin improvement.

Friedman Industries, Inc. filed its 10-K report for the fiscal year ended March 31, 2026. The company operates two main business segments: flat-roll products, which constituted 92% of fiscal 2026 sales, and tubular products, accounting for 8%. The filing details the operations of its various processing and distribution facilities across the US. The company also highlighted its cybersecurity governance and controls, stating it is not aware of any unmitigated risks. Key executive officers and property details are also included.