DIVIDEND ANNOUNCEMENT: Friedman Industries, Inc. (AMEX:FRD) on 09/10/2020 declared a dividend of $0.0200 per share

Friedman Industries, Inc. (AMEX:FRD) on 09/10/2020 declared a dividend of $ 0.0200 per share payable on November 13, 2020 to shareholders of record as of October 09, 2020.

Friedman Industries, Inc. (AMEX:FRD) has paid dividends since 1990, has a current dividend yield of 1.2903225422% and has increased its dividends for 2 successive years.

Friedman Industries, Inc.'s market cap is $ 43,896,000 and has a PE ratio of 0.00. The stock price closed yesterday at $ 6.20 and has a 52 week low/high of $ 3.72 and $ 7.24.

Friedman Industries is a manufacturer and processor of steel products. Co.'s coil product segment consists of the operation of hot-roll coil processing facilities located in Hickman, AR and Decatur, AL. The coil product segment sells its inventory under the Friedman Industries name but also maintains an inventory of non-standard coil products, consisting primarily of mill secondary and excess prime coils. Co.'s 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.

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