Friedman Industries, Incorporated Announces Cash Dividend

Friedman Industries (NASDAQ: FRD) declared a quarterly cash dividend of $0.04 per share on June 24, 2026.

Rhea-AI Summary

Friedman Industries (NASDAQ: FRD) declared a quarterly cash dividend of $0.04 per share on June 24, 2026. The dividend is payable on August 7, 2026 to shareholders of record as of July 17, 2026.

This is the company’s 218th consecutive quarterly cash dividend since 1972. The Board reviews dividends quarterly, aiming for a stable, sustainable payout that may be raised when financial conditions support an increase, while noting there is no guarantee of future dividends.

Positive

• Declared quarterly cash dividend of $0.04 per share on common stock
• Dividend payable August 7, 2026 to shareholders of record July 17, 2026
• Maintained 218 consecutive quarterly cash dividends since going public in 1972

Negative

• Company notes there is no guarantee that dividend payments will always continue

Argus Jun 24 session

-4.37% close to close Open Argus

Details

News Market Reaction – FRD

On Jun 24, the day this news came out, FRD closed 4.37% below the previous close.

Data tracked by StockTitan Argus for the Jun 24 session.

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LONGVIEW, Texas, June 24, 2026 (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 June 24, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 7, 2026 to shareholders of record at the close of business on July 17, 2026. This dividend marks the Company’s 218^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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did Friedman Industries (NASDAQ: FRD) declare on June 24, 2026?

Friedman Industries declared a quarterly cash dividend of $0.04 per share on its common stock. According to Friedman Industries, the dividend reflects the Board’s goal of maintaining a stable, sustainable payout that may be increased when financial results and cash needs support a higher amount.

When is the record date and payment date for Friedman Industries (FRD) August 2026 dividend?

The record date for Friedman Industries’ dividend is July 17, 2026, and the payment date is August 7, 2026. According to Friedman Industries, shareholders of record at the close of business on July 17, 2026 will receive the $0.04 per share cash dividend.

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

Friedman Industries reports this is its 218th consecutive quarterly cash dividend since becoming publicly traded in 1972. According to Friedman Industries, it has paid a dividend every quarter since 1972 and currently intends to continue this practice, subject to ongoing Board review and financial conditions.

How often does Friedman Industries (FRD) review and set its dividend?

Friedman Industries’ Board reviews the dividend on a quarterly basis. According to Friedman Industries, the Board considers financial condition, operating results, cash needs, and growth plans, aiming for a dividend level viewed as stable and sustainable, with potential periodic increases when operations support a higher payout.

Is Friedman Industries’ (FRD) dividend guaranteed to continue in the future?

Friedman Industries’ dividend is not guaranteed, despite a long payment history. According to Friedman Industries, the Board intends to continue quarterly dividends but emphasizes there is no assurance payments will always continue, as future decisions depend on financial condition, results, cash requirements, and growth plans.

What factors influence Friedman Industries’ (FRD) decision to pay cash dividends?

Friedman Industries’ dividend decisions depend on several financial and strategic factors. According to Friedman Industries, the Board evaluates the company’s financial condition, operating results, current and anticipated cash needs, and growth plans when determining whether to declare cash dividends and at what per-share level each quarter.