DIVIDEND ANNOUNCEMENT: Insteel Industries, Inc. (NYSE:IIIN) on 05/24/2022 declared a dividend of $0.0300 per share

Insteel Industries, Inc. (NYSE:IIIN) on 05/24/2022 declared a dividend of $ 0.0300 per share payable on June 24, 2022 to shareholders of record as of June 10, 2022.

Insteel Industries, Inc. (NYSE:IIIN) has paid dividends since 1990, has a current dividend yield of 0.2965159118% and has increased its dividends for 2 successive years.

Insteel Industries, Inc.'s market cap is $ 785,684,580 and has a PE ratio of 7.51. The stock price closed yesterday at $ 40.47 and has a 52 week low/high of $ 30.12 and $ 47.70.

Insteel Industries is a holding company. Through its subsidiaries, Co. is a manufacturer of steel wire reinforcing products for concrete construction applications. Co. manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. Co.'s products are sold mainly to manufacturers of concrete products that are used in nonresidential construction. Co.'s operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications.

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