FRD - FRIEDMAN INDUSTRIES INCORPORATED INCREASES CASH DIVIDEND | Benzinga
- Favorable Outlook for Consistent Earnings and Further Growth
- 209th Consecutive Quarterly Dividend Since 1972
LONGVIEW, Texas, March 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Friedman Industries, Incorporated, (NYSE-American: FRD) a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company.
"Our future has never been brighter. We are increasing Friedman's dividend based on our favorable outlook for consistent earnings and further growth," said Mike Taylor, Chairman and Chief Executive ...