DIVIDEND ANNOUNCEMENT: Friedman Industries, Inc. (AMEX:FRD) on 03/26/2020 declared a dividend of $0.0200 per share

Friedman Industries, Inc. (AMEX:FRD) on 03/26/2020 declared a dividend of $ 0.0200 per share payable on May 22, 2020 to shareholders of record as of April 24, 2020.

Friedman Industries, Inc. (AMEX:FRD) has paid dividends since 1990, has a current dividend yield of 2.5380711555% and has increased its dividends for 2 successive years.

Friedman Industries, Inc.'s market cap is $ 27,576,060 and has a PE ratio of 0.00. The stock price closed yesterday at $ 3.94 and has a 52 week low/high of $ 3.72 and $ 8.05.

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.