Friedman Industries, Incorporated Announces Cash Dividend
Rhea-AI Summary
Friedman Industries (NASDAQ:FRD) announced a quarterly cash dividend of $0.04 per share declared December 16, 2025. The dividend will be paid on February 13, 2026 to shareholders of record at the close of business on January 16, 2026.
This payment represents the company’s 216th consecutive quarterly cash dividend since becoming publicly traded in 1972. Dividends are declared at the Board’s discretion and are reviewed quarterly; the Board said it intends to maintain a stable level and may increase the amount when supported by the company’s financial position and operations.
Positive
- $0.04 per share quarterly dividend declared
- Feb 13, 2026 payment date
- 216th consecutive quarterly dividend since 1972
Negative
- Dividends are discretionary and not guaranteed
- Record date set at Jan 16, 2026 limiting eligible shareholders
LONGVIEW, Texas, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on December 16, 2025, a cash dividend of
Dividends are declared at the discretion of the Board and reviewed on a quarterly basis. The Board’s desire is to pay a dividend at a level that it feels can be held stable for the foreseeable future and which may be increased periodically as the Company’s financial position and operations become supportive of a new amount that the Board believes is sustainable. The determination to pay cash dividends takes into account various factors, including our financial condition, operating results, current and anticipated cash needs and growth plans. While we have paid a dividend every quarter since becoming a public company in 1972 and currently intend to continue that practice, there is no guarantee that payments of dividends will always continue in the future.
For further information regarding this dividend, please contact Mr. Alex LaRue, Chief Financial Officer – Secretary and Treasurer at (903)758-3431.