DIVIDEND ANNOUNCEMENT: Friedman Industries, Inc. (AMEX:FRD) on 03/21/2023 declared a dividend of $0.0200 per share

Friedman Industries, Inc. (AMEX:FRD) on 03/21/2023 declared a dividend of $ 0.0200 per share payable on May 26, 2023 to shareholders of record as of April 28, 2023.

Friedman Industries, Inc. (AMEX:FRD) has paid dividends since 1990, has a current dividend yield of 0.6932408810% and has increased its dividends for 0 successive years.

Friedman Industries, Inc.'s market cap is $ 85,038,260 and has a PE ratio of 11.54. The stock price closed yesterday at $ 11.54 and has a 52 week low/high of $ 6.74 and $ 13.38.

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 is capable of cutting sheet and plate. 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 licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes that meets other recognized industry standards.

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