Friedman Industries, Incorporated Announces Cash Dividend

Rhea-AI Summary

Friedman Industries (NASDAQ/GS: FRD), a Texas-based metals processing, pipe manufacturing, and metals distribution company, has declared a quarterly cash dividend of $0.04 per share. The dividend will be paid on November 14, 2025, to shareholders of record as of October 24, 2025.

This marks FRD's 215th consecutive quarterly dividend since its public listing in 1972. The company's Board of Directors reviews dividends quarterly, aiming to maintain stable payments that can potentially be increased as financial conditions permit.

Positive

• Maintained consistent dividend payments for 215 consecutive quarters since 1972
• Company demonstrates commitment to returning value to shareholders through regular dividends

Negative

• Relatively small dividend amount of $0.04 per share

LONGVIEW, Texas, Sept. 18, 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 September 18, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 14, 2025 to shareholders of record at the close of business on October 24, 2025. This dividend marks the Company’s 215^th consecutive quarterly cash dividend since becoming publicly traded in 1972.

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.

FAQ

When will Friedman Industries (FRD) pay its latest dividend?

Friedman Industries will pay the $0.04 per share dividend on November 14, 2025 to shareholders of record as of October 24, 2025.

How long has Friedman Industries (FRD) been paying consecutive quarterly dividends?

Friedman Industries has paid 215 consecutive quarterly dividends since becoming publicly traded in 1972.

What is Friedman Industries' (FRD) current dividend amount?

Friedman Industries' current quarterly dividend is $0.04 per share.

What factors determine Friedman Industries' (FRD) dividend payments?

FRD considers multiple factors including financial condition, operating results, cash needs, and growth plans when determining dividend payments.

Who is eligible to receive Friedman Industries' (FRD) latest dividend?

Shareholders who own FRD stock at the close of business on October 24, 2025 (the record date) will be eligible to receive the dividend.