DIVIDEND ANNOUNCEMENT: Friedman Industries, Inc. (AMEX:FRD) on 03/21/2024 declared a dividend of $0.0400 per share

Friedman Industries, Inc. (AMEX:FRD) on 03/21/2024 declared a dividend of $ 0.0400 per share payable on May 24, 2024 to shareholders of record as of April 26, 2024. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Friedman Industries, Inc. (AMEX:FRD) has paid dividends since 1990, has a current dividend yield of 0.4579278827% and has increased its dividends for 0 successive years.

Friedman Industries, Inc.'s market cap is $ 121,870,720 and has a PE ratio of 6.91. The stock price closed yesterday at $ 17.47 and has a 52 week low/high of $ 9.50 and $ 19.33.

Friedman Industries is a manufacturer and processor of steel products. Co.'s reportable segments are: coil products and tubular products. The coil product segment consists of the operation of Co.'s hot-rolled coil processing facilities which operate temper mills and and stretcher leveler cut-to-length lines; and Tubular Products, which consists of Co.'s Texas Tubular Products division that operates 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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