DIVIDEND ANNOUNCEMENT: Insteel Industries, Inc. (NYSE:IIIN) on 02/13/2024 declared a dividend of $0.0300 per share

Insteel Industries, Inc. (NYSE:IIIN) on 02/13/2024 declared a dividend of $ 0.0300 per share payable on March 29, 2024 to shareholders of record as of March 15, 2024. Dividend amount recorded is a decrease of $ 2.5 from last dividend Paid.

Insteel Industries, Inc. (NYSE:IIIN) has paid dividends since 1990, has a current dividend yield of 0.3244119883% and has increased its dividends for 1 successive years.

Insteel Industries, Inc.'s market cap is $ 719,381,520 and has a PE ratio of 32.17. The stock price closed yesterday at $ 36.99 and has a 52 week low/high of $ 25.44 and $ 39.38.

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 (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pretensioned or posttensioned. WWR is produced as either a standard or an engineered reinforcing product for use in nonresidential and residential construction.

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