DIVIDEND ANNOUNCEMENT: Friedman Industries, Inc. (AMEX:FRD) on 06/28/2022 declared a dividend of $0.0200 per share

Friedman Industries, Inc. (AMEX:FRD) on 06/28/2022 declared a dividend of $ 0.0200 per share payable on August 12, 2022 to shareholders of record as of July 22, 2022.

Friedman Industries, Inc. (AMEX:FRD) has paid dividends since 1990, has a current dividend yield of 0.9291521907% and has increased its dividends for 0 successive years.

Friedman Industries, Inc.'s market cap is $ 59,030,160 and has a PE ratio of 1.87. The stock price closed yesterday at $ 8.61 and has a 52 week low/high of $ 7.37 and $ 14.83.

Friedman Industries is a manufacturer and processor of steel products and operates in two reportable segments: coil products and tubular products. The coil product segment consists of the operation of two hot-rolled coil processing facilities: Hickman, AR, which operates a temper mill and a cut-to-length line; and Decatur, AL, which has a stretcher leveler line that expands the coil segment's processing capabilities to include material up to 96 inch wide. The tubular product segment consists of Co.'s Texas Tubular Products division, which operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8 inch OD to 8 5/8 inch OD.

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