Friedman Industries Shares News on Upcoming Cash Dividend

Author: Dylan Bailey Updated: 06-25-2025 05:30 PM

Friedman Industries Declares Cash Dividend for Shareholders

Friedman Industries, Incorporated, a prominent player in steel processing and pipe manufacturing, has announced a cash dividend of $0.04 per share on its Common Stock. This decision, made by the Board of Directors, reflects the company’s ongoing commitment to its shareholders and highlights its stable financial position.

Commitment to Consistent Dividends

The upcoming cash dividend, scheduled for payment on August 8, is particularly noteworthy as it represents the company’s 214th consecutive quarterly cash dividend since going public. Since its inception as a publicly traded entity in 1972, Friedman Industries has displayed resilience and a steadfast approach in rewarding its shareholders.

Factors Influencing Dividend Decisions

The decision to declare this dividend is not taken lightly. The Board reviews the dividend declaration on a quarterly basis, striving to maintain a stable dividend level that reflects the company’s financial strength and operational performance. The Board considers various factors such as financial stability, operational results, and strategic growth plans when determining the dividend. This careful evaluation ensures that dividends can be paid continuously, despite future uncertainties.

Maintaining Financial Health and Growth

While Friedman Industries has established a strong track record of dividend payments, it emphasizes that ongoing payment is contingent upon a variety of factors. The company is committed to balancing dividend payments with its priorities for growth and potential investments. This strategic approach ensures that the financial health of Friedman Industries remains robust while rewarding shareholders.

Connect with Us for More Information

For those seeking further information regarding the dividend and related financial matters, please reach out to Mr. Alex LaRue, the Chief Financial Officer and Secretary at (903) 758-3431. The company is always open to addressing shareholder inquiries to foster transparency and trust.

Frequently Asked Questions

What is the amount of the cash dividend declared by Friedman Industries?

The declared cash dividend is $0.04 per share on the Common Stock of Friedman Industries.

When will the cash dividend be paid?

The cash dividend is scheduled to be paid on August 8 to shareholders who are on record as of the close of business on July 18.

How many consecutive dividends has Friedman Industries declared?

Friedman Industries has declared 214 consecutive quarterly cash dividends since it became a publicly traded company in 1972.

What factors influence the Board's decision to declare dividends?

The Board factors in financial condition, operational results, current cash needs, and growth plans when making dividend declarations.

Who can I contact for more details about the dividend?

For additional information regarding the dividend, you can reach Mr. Alex LaRue, the Chief Financial Officer, at (903) 758-3431.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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