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Friedman Industries, Inc. Dividend Announcement

(AMEX:FRD), www.friedmanindustries.com

DIVIDEND ANNOUNCEMENT: Friedman Industries, Inc. (AMEX:FRD) on 06/19/2019 declared a dividend of $0.0400 per share

June 19, 2019

Friedman Industries, Inc. (AMEX:FRD) on 06/19/2019 declared a dividend of $ 0.0400 per share payable on August 09, 2019 to shareholders of record as of July 19, 2019.

Friedman Industries, Inc. (AMEX:FRD) has paid dividends since 1990, has a current dividend yield of 2.9498524666% and has increased its dividends for 1 successive years.

Friedman Industries, Inc.'s market cap is $ 47,521,020 and has a PE ratio of 5.70. The stock price closed yesterday at $ 6.78 and has a 52 week low/high of $ 6.18 and $ 11.47.

Friedman Industries manufactures and processes steel products and operates in two segments; coil products and tubular products. The coil product segment consists of the operation of hot-roll coil processing facilities. This segment sells its prime grade inventory under the Friedman Industries name but also maintains an inventory of non-standard coil products, consisting of mill secondary and excess prime coils. The tubular product segment consists of Co.'s Texas Tubular Products division (TTP), which operates electric resistance welded pipe mills. TTP has a pipe finishing facility that threads and couples oil country tubular goods and performs other services in the pipe finishing process.

For more information on Friedman Industries, Inc. click here.

Friedman Industries, Inc. current dividend information as per the date of this press release is:
Dividend Declaration Date: June 19, 2019
Dividend Ex Date: July 18, 2019
Dividend Record Date: July 19, 2019
Dividend Payment Date: August 09, 2019
Dividend Amount: $ 0.0400
 
 

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